Fantastic investment opportunity in Little Havana, close to Calle Ocho, Brickell, Downtown, and The Beaches. This Fourplex consists of two detached units. Front Unit is a 3/1 home rented on month-to-month (way under current rental market: $1,500/month), needs some TCL. Back unit is comprised of 3 apartments (2/2, 1/1, 1/1), a turnkey Airbnb property completely remodeled and furnished in 2021, generating more than $7,000 on average monthly income. CAP is 5%, to highly improve once Front Unit is added to Airbnb Program. This is also a great opportunity for Developers, with an unique 7,500 sq ft lot zoned as T5-L, allowing residential projects (up to 5 stories are permitted) and commercial projects (please see MLS attachments for commercial uses).
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