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812 NW 29th Terrace

Miami FL 33127

2
1
2
1165 sq. ft.
0.14 ac.
Single-Family
Currently for sale - view listing

Overview

DEVELOPMENT OPPORTUNITY – 6,000 SF LOT | CURRENT RENTAL INCOMEExcellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income.The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals.Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage.Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1165 sq. ft. floor area
0.14 ac. lot size
Single-Family

Property history for 812 NW 29th Terrace

2022
Sold
$400,000
21 Apr 2022 by Armando Silva, of PROPERTY HUB 1, LLC.
2017
Sold
$160,000
01 May 2017 by Daniel Gitlin, of Infinite Realty Group Llc
2017
Sold
$160,000
01 May 2017 by Daniel Gitlin, of Infinite Realty Group Llc

Happy sellers in Miami

94%
94% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Miami over the last 12 months.

Local market activity for 2 bedroom single-family properties in Miami

In the last 12 months, 31 two-bedroom single-family properties similar to 812 NW 29th Terrace, have been sold.

This represents a 7% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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