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  • $443,000

    6014 SW 40th St LOT 47, Miramar, FL 33023

    --beds
    --baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $443,000 Zestimate®
    $--/sqft
    $-- Estimated rent

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    $3,014/mo

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    What's special

    OVER 50% OFF Market Value! Build up to 4-8 units! Ask me how! Zoned MH in the TOC zone. Build 4-6 stories high! Unlimited density! Build as many units as you can fit! Build mixed use or just multifamily. Multifam lots in the area sell for $25k-$30k per buildable unit. That gives this property a current market value of $200k-$240k. 2/1 units rent for $1,300/mo. New units could rent for $1,500/mo. Potential gross monthly income of up to $12k! $144k/yr! Avg cap rate in Broward is 6.88%. Sell at 6.88% cap for $2M+! You can also build "Micro-Units". Build a tiny building very inexpensively and max out your return on investment. Call Listing Agent to discuss all details; I'm happy to explain.

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2022 at 11:54pm

    Listed by:

    Michael Sheer 954-993-6664,

    United Realty Group Inc

    Bought with:

    Alfredo Martin, 3276936

    Florida Realty of Miami Corp

    Source: BeachesMLS ,MLS#: F10144282MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Property

    Lot
    • Size: 5,227 sqft
    • Dimensions: 5105
    • Features: Less Than 1/4 Acre Lot
    • Residential vegetation: No Trees, Wooded
    Details
    • Parcel number: 514125130430
    • Zoning: MH (TOC)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Hollywood
    • Subdivision: Sun Land Park 25-30 B

    Other

    Other facts
    • Listing terms: Cash,Other,Owner Will Carry
    • Road surface type: Paved
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    Estimated market value
    $443,000