Active

$375,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 952 sq ft
Overview
  • ID: MFRTB8493253
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 952 sq ft
Property Details
Remarks
Calling all developers or investors looking for a lucrative covered land opportuntiy priced at pre-zoning change values. This 3-bedroom, 2-bathroom home with a detached garage is located within a designated Activity Center just a quarter mile from the SunRunner rapid transit line, directly in the path of a significant zoning change that now allow buildings up to 86 feet tall and up to a FAR of 5.0 (allowing 25,000 square feet), with no minimum parking requirements. Developers and investors: this is a classic covered land play, collect rental income on the existing home while positioning for a mid-rise or mixed-use development as the surrounding corridor transforms into the walkable, mixed-use district it's being rezoned to become. The detached garage offers strong conversion potential into a 1-bedroom, 1-bathroom rental unit as well, adding income to your investment. For the homeowner or flipper, this is a solid residence in a neighborhood on the verge of a major shift, live here, rent it, or hold it. Priced before the market catches up.
Financial Considerations
Price:
$375,000
HOA Fee:
N/A
Tax Amount:
$4838
Price per SqFt:
$393.91
Tax Legal Description:
CENTRAL PARK REV BLK 8, LOT 7
Exterior Features
Lot Size:
5001
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Alley Access, Curb Parking, Garage Door Opener, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
Dishwasher, Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Parquet, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1939
Construction Type:
Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Hurricane Shutters, Storage
Additional Features 2:
N/A
Map
  • Address
    4754 1ST AVE N
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