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3041 NW 5th Avenue
Miami, FL 33127
Asking Price
$2.20M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.17 acres <ul><li>Advanced Pre-Development Opportunity in Wynwood Norte</li><li>24 Residential Units Above Ground-Floor Retail with Existing Architectural Plans & Project Documentation</li><li>Located Within the City's NRD-2 Revitalization Overlay District</li><li>Positioned in One of Miami's Fastest-Growing Urban Corridors</li></ul>
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
