Development Opportunity in the Transforming Allapattah Neighborhood
This parcel is located within walking distance to the heart of where major transformation is expected. Zoned T4 R, this 5,750 square foot parcel allows up to 4 units. Rents are increasing in the area and with rents at $1,500 for a 2 bedroom unit in the fourplex next door. One may also build a modern twin home which may yield a sales price of mid $500's each side.
Allapattah presents some very interesting investment opportunities. If you are looking to position yourself in the path of future development, please contact me at 305-582-4062.