$825,000
29th Ter

812 NW 29th Ter, Miami FL 33127

2 Beds

1 Baths

SQFT 6,000

2 Garage

103 Years Built

Home Details

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.

Other Interior Features

Heating
Central, Electric
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Wall Oven, Washer
Living Area - SqFt
1061
Inside
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Wall Oven, Washer
Total - SqFt
6000

General

MLS#
A12080496
Architectural Style
Detached, Two Story
Bathroom Features
Living Area - SqFt
1061
Construction Materials
Concrete Block Construction
Window Features
Total - SqFt
6000

Neighbourhood

Location

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.

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