RE/MAX Excellence
Veterans United Homefront
20 Photos

5200 NW 7th Ave, Miami, FL 33127

$675,000 Asking Price

3 beds
1 bath
1,243  sqft
Built in 1920

Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.

Listing Status:
Active
Date Added:
May 13, 2024 — 11 days ago
Listing Office:
City Group Consulting, LLC, Bruno Cattorini (530-307-9864)
Office Phone:
954-274-2274
MLS ID:
A11586242

Features & Amenities

Interior

General:
First Floor Entry, Den/Library/Office, Family Room
Appliances:
Electric Range, Refrigerator
Flooring:
Vinyl
A/C:
true, Wall/Window Unit(s)
Heating:
true, Window/Wall

Exterior

General:
Shed(s)
Style:
Attached, One Story
Parking:
On Street

Construction

Roofing:
Shingle
General:
CBS Construction, Stucco

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
6101, BOWLING GREEN PB 5-101 LOT 20 LESS E5FT ST BLK 2 LOT SIZE 48.000 X 100 OR 19181-1276 0600 4, 01-31-23-006-0250
View:
None

Utilities

Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
City Group Consulting, LLC, Bruno Cattorini

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: May 23, 2024 4:32 pm.

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