Property Description

AMAZING UNIVERSITY CITY DISTRICT OPPORTUNITY, STEPS TO F.I.U.! Two fourplexes offered as one folio on a 12,500 SF site in the City of Sweetwaters University District, with a wide range of potential uses including STUDENT HOUSING, AIRBNB, subject to City approval, or ANCHOR your ASSEMBLAGE offsetting expenses while you entitle. The property runs the length of 109 Ave from 10899 SW 7 St north to 10894 SW 6th St. More than 54,000 FIU students and faculty are one block away, five FIU projects are under construction, and University City is reinventing itself right at your door. Eight spacious 2 bed / 1 bath units average 1,047 SF (8,376 SF total), each with HVAC and a full size in unit washer and dryer. Both buildings have completed 40 year recertification. All units are month to month at rents well below market, giving a new owner immediate control of the rent roll and a clear value add path. Open, generous parking, zoned for 8. See links in Broker Remarks...

Property Features