$499,000

Investors seeking a rental home and covered land play for a development site; home rented and plans exist. Develop 8 townhomes with garages in the path of progress, between Wynwood, Magic City, Little River, Miami Beach, and MIA Airport, near the Swerdlow Group's 5,000 unit Miami development. Opportunity Zone land. Covered land play: the existing home is a 3 bedroom, 1 bath with a new kitchen, currently leased at market rent with a 60 day cancellation clause, so it produces income until the buyer is ready to demolish and develop, and it also suits an owner occupant who wants to move in. Approved plans available for purchase separately through the architect of record only if needed. Plans are approved; impact fees and permit fees are the buyer's cost and the permit has not been pulled. Design calls for 8 separate W&S and FP&L meters plus rooftops with summer kitchens. WASD connection in front with 8 inch mains reported adequate for 8 townhomes per County; buyer to verify. Sold As-Is Cash only.