Fantastic Gables location! Walking distance to Publix & Miracle Mile. Tenants are long-term and month to month. 4 of the rentals should be increased which will then bring in a much higher cap rate. A developer can build (5) 3-story w/elev., townhomes w/parking. Townhomes in this area are selling for $1,995,000.00 to $2.4M. This is the only parcel of its kind for sale on Valencia Ave. A new 13-story 38 condominium project will be constructed at 515 Valencia Ave. Do not disturb tenants. Call Broker for brochure.
Would you like more information regarding this property?
Please call (305) 446-8695.
Data Provided by:
Miami Association of REALTORS