Commercial Real Estate Property For Sale In Miami

1337 77th St Miami, FL 33147
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$1,799,900

  • 1935 Year Built
  • Jan 27, 2022 Listing Date

MLS #

:

A11146510

Price

:

$1,799,900

Status

:

Listing Date

:

Jan 27, 2022

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1935

Taxes

:

$2,815 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

This unique property presents a significant opportunity for the right investor or developer. Please note that the property is currently encumbered by substantial liens and several unresolved legal violations. There are structural concerns, including roof damage and leaks, that will require considerable attention and repair. Additionally, the property features five electrical meters servicing eleven units, with some units lacking proper legal status. While these challenges are considerable, they also offer potential for substantial value creation through redevelopment or rehabilitation. For those interested, please ensure thorough due diligence and consult with legal and construction professionals to fully understand the scope of work required.

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