This amazing off-market investment for you right in the heart of South Beach. This is a great opportunity for you to get a 90% cash on cash return once the project is completed.
Currently, it is an income-producing 4-unit apartment building, with the zoning allowing you to build an additional 6-8 units in the back as well as the option for short-term rentals (AirBnB). Right now, each unit is paying $1,300 month to month.
Cash or Hard Money only
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