3509 Northwest 9th Avenue

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3509 Northwest 9th Avenue

Miami, FL 33127
Asking Price
$800K
Asset Type
Residential Land
Class
Class B

What's Special

Shovel-Ready 6-Unit Development Site in Rapidly Growing Miami Corridor Near I-95 with Strong Rental <p></p><p>β€’ 17,440 SF T3-O zoned site with approved plans for 3 duplexes (6 units)</p><p> β€’ Prime Miami location minutes from I-95 with strong connectivity</p><p> β€’ Ideal for Section 8 cash flow + long-term appreciation in growing corridor</p>

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

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