296 NW 59th St, Miami, FL 33127

$425,000 Asking Price

2 beds
1 bath
1,112  sqft
Built in 1935

Bring your builder! Corner lot zoned for multi-family with APPROVED demo and building permits. Take advantage of this opportunity to start building immediately after closing. $75,000 invested towards approved plans and paid permit fees accompany the sale. Buyer receives MDC approved plans for a 3 bedroom / 3 bathroom with a pool & outdoor kitchen. Planned new build was designed to maximize Airbnb rental returns. Located in culturally vibrant Little Haiti and just 5 mins to the Design District and 15 mins to Wynwood. Nestled in the heart of Miami, Little Haiti stands as a cultural gem. This vibrant neighborhood, often referred to as the cultural soul of Miami, has evolved tremendously with several new construction projects on this block. Great investment opportunity, don't miss out!

Features & Amenities

Interior

General:
First Floor Entry, Other
Appliances:
Other Equipment/Appliances
Flooring:
Other
A/C:
false, None
Heating:
false, None

Exterior

General:
Fruit Trees
Style:
Attached, One Story, Old Spanish
Parking:
Driveway

Construction

Roofing:
Other
General:
CBS Construction

Location

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

Lot

Zoning:
5700, COLLEGE PARK PB 9-61 LOT 7 BLK 1 LOT SIZE 50.000 X 102 OR 21069-1299 12 2002 1 COC 24104-2604 12 2005 1, 01-31-13-030-0070
View:
Other

Utilities

Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
One Sotheby's International Realty, Wendy Cohen

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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