Very unique and enchanting property in “BAYVIEW ACRES”. Well known for its proximity to Biscayne Boulevard, Restaurants, Malls, Aventura and its Beaches. Property value goes through the roof when it comes to this location.
The Property sits on a corner with 2 living units under 12,673.75 square feet of land. It is legally zoned as Multi Family up to 10 units.
FRONT STRUCTURE is a house with 2 bedrooms, 1 bathroom which can be converted to a 3/1. It is currently under rented for $800 per month. The light bill and water is estimated to be $140.00 per month including the rear unit.
This can be readjusted once the rents are raised and the property has been updated to a full potential rent of $1,400 per month. The square footage to the front property is 921 Sq. ft’. The Rear unit is an additional 300 sq. ft
REAR is an efficiency or studio currently rented for $550 per month. Electricity and water already included on rent. Approximate 300 square feet of living space.