812 NW 29th Ter, Miami, FL, 33127
812 NW 29th Ter, Miami, FL, 33127 - Image 2812 NW 29th Ter, Miami, FL, 33127 - Image 3812 NW 29th Ter, Miami, FL, 33127 - Image 4812 NW 29th Ter, Miami, FL, 33127 - Image 5

812 NW 29th Ter, Miami, FL, 33127

2 bedrooms · 1 bath · 1,061 sq.ft.

DEVELOPMENT OPPORTUNITY - 6,000 SF LOT | CURRENT RENTAL INCOME Excellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income. The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals. Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage. Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality.

Information

Property typeSingle Family
Size1,061 sq.ft.
Plot size6,000 sqft
Year built1923
Stories2
Price per sq.ft.USD 778
Last sold2022-04-23
Last sold priceUSD 400,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States
Parking2 spaces

USD 825,000

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Where it's located

Miami, United States

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