511 NW 34th St, Miami, FL 33127

Fausto Commercial is pleased to present 527 NW 34 St Miami FL 33127 for $1.9M and 511 NW 34 St Miami FL 33127 for $900K. Both properties must be acquired at same time for total $2.8M Folio: 01-3125-021-0201 and Folio: 01-3125-021-0210. A land development opportunity in Wynwood Norte. Featuring a 10,390 sq. ft. lot, this property allows for 40 buildable units with no parking requirement as long as the sq. ft. floor area is less than 20,000 sq. ft. This is the new neighborhood rehabilitation district land use standards calibrated to support the needs and priorities of the community. Please refer to Wynwood Norte (NRD-2) zoning guidelines. T5-O zoning allows Short Term rental and commercial use. Property has in-place income $10,750 gross per month. Net Operating Income $100,712