DIRECT DEAL HABANA CONDO BULK SALE WEST BRICKELL REDEVELOPMENT PLAYREDUCED by A MILLION BUCKS! MAKE SURE TO OPEN OM IN LINK HABANA CONDO BULK SALE – WEST BRICKELL REDEVELOPMENT PLAY

Miami, FL View Address $5,999,900 Share Save  
Sale
7 Days on Site | 34 Views
Assigned Contract
NA
#9905051549
Multi-family
15,000
$45,000,000

Price Change History

Date Old New Change
06/03/20266,900,0005,999,900 -13.05% ($900,100)

Description

424 SW 7th St, Miami, FL 33130
15 Unit Bulk Sale | 16 Total Units in Building| 15,000 sf Lot | 100 ft Frontage | 4 Stories | 19 Parking Spaces
T5-L Zoning with Confirmed T6 Rezoning Pathway

Rare covered land play in West Brickell / The Roads positioned directly adjacent to Megacenter Brickell and minutes from Brickell City Centre. Existing multifamily asset generates income from day one while pursuing long-term redevelopment upside.

Projected Development Potential:
T6-8 Scenario:
70–80 units projected
Estimated finished asset value: $22M–$28M
T6-12 Scenario:
110–120 units projected
Estimated finished asset value: $35M–$45M

Asking $6,900,000
NOW: $5,999,900
ARV: $22M- $45M
More...

Home Type

Sale
Multi-family

Sale Type

Assigned Contract

Mortgage Calculator

$

10%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

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