Description
Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!
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4BEDS
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0.21ACRES
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3BATHS
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01/2 BATHS
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1,203SQFT
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$706$/SQFT
School Ratings & Info
Description
Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.