932 70Th StMiami, FL 33150

This exceptional redevelopment opportunity in Miami, Florida, presents a unique chance to acquire a 7,150 sq ft lot at 932 NW 70th Street, 33150, already approved for a five-unit residential project. The current single-family home on the property, boasting 1,444 sq ft, provides immediate rental income. City of Miami approvals are in the final stages, significantly reducing the typical lengthy permitting process. Plans call for five residential units, each featuring five bedrooms and three bathrooms, promising substantial income generation upon completion. The existing structure offers flexible space in the bottom unit, adding to the property's versatility. This is a turnkey project ideal for investors and developers seeking a fast-track to construction and a strong return on investment. The asking price is $695,000. This shovel-ready project offers a significant advantage, allowing for immediate commencement of construction following acquisition. Don't miss this chance to capitalize on Miami's thriving real estate market.