West Shenandoah Properties

INVESTORS DREAM ! PROPERTY ZONED 3900 MULTIFAM T4 R .. AS PER CITY OF MIAMI YOU CAN BUILD UPTO 2-3 FLOORS AND 4-6 UNITS. CLOSE TO BRICKELL, SW 8 ST, I95 AND 836. EXCELLENT OPPORTUNITY TO DEVELOP AN APARTMENT COMPLEX. PROPERTY SOLD AS IS. HANDYMAN SPECIAL, PROPERTY HAS SOME RECENT OPEN VIOLATIONS WHICH SHOULD BE RESOLVED UPON BUYERS SUBMISSION OF PERMITS TO BUILD. BUYER TO ASSUME VIOLATIONS AS WELL AS SELLERS CLOSING COSTS.

This is a 12 unit building located in the historical neighborhood of Little Havana, 6 units has been remodeled with new floors, new kitchens and new bathrooms. Property has a assignable mortgage of $1,037,160 at 4.41% and with 8 years remaining .