Plum a New Construction Co-Living Building in Riverside / Little Havana. This innovative living modality allows you to deliver newly built, high quality, beautifully designed and appointed housing options at pricing well below anything in the market. This bu

626 NORTH WEST 11TH AVE, Miami

$6,500,000 USD
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Address626 NORTH WEST 11TH AVE, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
Price$6,500,000
Property StatusActive
MLS NumberA11610265
Property Size4600
Lot Size4600
Folio Number01-41-02-005-0070
Zoning InformationT6-8-O
Days on Market450

Detailed Description: Plum a New Construction Co-Living Building in Riverside / Little Havana. This innovative living modality allows you to deliver newly built, high quality, beautifully designed and appointed housing options at pricing well below anything in the market. This building is designed for the missing-middle, the typical millennial or younger making $75k-150k, who has no other viable attractive rental options. This means you’ll never suffer a lack of tenants and can expect robust demand and long term rent growth. Twelve 3/3s; totaling 36 rentable individual semi-autonomous bedrooms. Riverside is one of Miami’s most attractively developing neighborhoods. Riverside runs adjacent to the Miami River, north of little Havana and just west of Downtown and Brickell.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33136
Address626 NORTH WEST 11TH AVE
Zip Code (4 Digits)3814
Financial Information
Price$6,500,000
Price per Foot$0
Folio Number01-41-02-005-0070
Tax Amount$9,456
Full Descriptions
Detailed DescriptionPlum a New Construction Co-Living Building in Riverside / Little Havana. This innovative living modality allows you to deliver newly built, high quality, beautifully designed and appointed housing options at pricing well below anything in the market. This building is designed for the missing-middle, the typical millennial or younger making $75k-150k, who has no other viable attractive rental options. This means you’ll never suffer a lack of tenants and can expect robust demand and long term rent growth. Twelve 3/3s; totaling 36 rentable individual semi-autonomous bedrooms. Riverside is one of Miami’s most attractively developing neighborhoods. Riverside runs adjacent to the Miami River, north of little Havana and just west of Downtown and Brickell.
Property parameters
Living Area4600
Lot Size4600
Total Acreage0.000
Zoning InformationT6-8-O
Maximum Leasable Size4600
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
Street DirectionNorth West
Listed withFausto Commercial Realty Consultants Inc