10899 Sw 7th St, Sweetwater, FL 33174

$3,399,000

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List Price
$3,399,000
MLS#
A12120666
Status
ACTIVE
Type
Commercial

Property Description

AMAZING UNIVERSITY CITY DISTRICT OPPORTUNITY, STEPS TO F.I.U.! Two fourplexes offered as one folio on a 12,500 SF site in the City of Sweetwater’s University District, with a wide range of potential uses including STUDENT HOUSING, AIRBNB, subject to City approval, or ANCHOR your ASSEMBLAGE offsetting expenses while you entitle. The property runs the length of 109 Ave from 10899 SW 7 St north to 10894 SW 6th St. More than 54,000 FIU students and faculty are one block away, five FIU projects are under construction, and University City is reinventing itself right at your door. Eight spacious 2 bed / 1 bath units average 1,047 SF (8,376 SF total), each with HVAC and a full size in unit washer and dryer. Both buildings have completed 40 year recertification. All units are month to month at rents well below market, giving a new owner immediate control of the rent roll and a clear value add path. Open, generous parking, zoned for 8. See links in Broker Remarks...

Additional Information

Days on Market
1
Tax Amount
$26,613
Water Access
Building & Land
Parcel Number
25-40-06-001-0157
Lot Size
12,500
Directions
GPS: From SW 8th Street, head north on SW 109th Avenue. The property sits between SW 7th Street and SW 6th Street (10899 SW 7th St and 10894 SW 6th St).
Address
10899 Sw 7th St, Sweetwater
Year Built
1971
Section
6

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Listing Courtesy of Atlante Real Estate Inc, Contact: