$3,000,000
Indian Creek Dr

6727 Indian Creek Dr, Miami Beach FL 33141

Beds

Baths

SQFT 12,200

Garage

74 Years Built

Home Details

EXCELLENT INVESTMENT OPPORTUNITY! THIS AREA IS BOUND TO INCREASE IN VALUE DUE TO THE CURRENT NORTH BEACH MASTER PLAN REDEVELOPMENT PROGRAM. INCOME GENERATING 14 UNIT THAT ARE MONTH TO MONTH AND RENT CAN BE INCREASED ONCE THE AREA IS RE-DEVELOPED. LOCATED IN A CORNER WITH PLENTY OF LAND WHICH IS RARE FOR THE AREA. 12 UNITS ARE 1 BED 1 BATH APTS AND 2 UNITS ARE STUDIOS. THIS BUILDING CONVENIENTLY FEATURES PARKING LOT WITH ENTRANCES ON INDIAN CREEK ROAD AND HARDING AVENUE. THIS PROPERTY IS A FEW BLOCKS AWAY FROM THE RELAXING AND SANDY MIAMI BEACHES AND CLOSES TO MAJOR HIGHWAYS AND MUCH MORE. ALL 14 UNITS ARE RENTED ON A MONTH TO MONTH BASIS AND BUILDING IS APPROVED TO BUILD UP TO A 5 LEVEL MOTEL/HOTEL. PROSPECTIVE BUYER MAY INQUIRE WITH THE CITY REGARDING ANY FUTURE IMPROVEMENTS.

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
12200

General

MLS#
A10465145
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Window Features
Total - SqFt
12200

Neighbourhood

Location

EXCELLENT INVESTMENT OPPORTUNITY! THIS AREA IS BOUND TO INCREASE IN VALUE DUE TO THE CURRENT NORTH BEACH MASTER PLAN REDEVELOPMENT PROGRAM. INCOME GENERATING 14 UNIT THAT ARE MONTH TO MONTH AND RENT CAN BE INCREASED ONCE THE AREA IS RE-DEVELOPED. LOCATED IN A CORNER WITH PLENTY OF LAND WHICH IS RARE FOR THE AREA. 12 UNITS ARE 1 BED 1 BATH APTS AND 2 UNITS ARE STUDIOS. THIS BUILDING CONVENIENTLY FEATURES PARKING LOT WITH ENTRANCES ON INDIAN CREEK ROAD AND HARDING AVENUE. THIS PROPERTY IS A FEW BLOCKS AWAY FROM THE RELAXING AND SANDY MIAMI BEACHES AND CLOSES TO MAJOR HIGHWAYS AND MUCH MORE. ALL 14 UNITS ARE RENTED ON A MONTH TO MONTH BASIS AND BUILDING IS APPROVED TO BUILD UP TO A 5 LEVEL MOTEL/HOTEL. PROSPECTIVE BUYER MAY INQUIRE WITH THE CITY REGARDING ANY FUTURE IMPROVEMENTS.

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