If there's neighbors on both sides, then they are probably in the street at the property.A 10,000 sq. ft. lot is a very nice size in heavily populated areas, and it could be that the lot could be split, etc.

So, I knocked on the guys door and when he answered I told him I wanted to talk to him about the house of X street.

Give them the nearest cross streets / intersection, and ask if they are familiar with that neighborhood; if not, tell them to drive the block, and if still interested to get back to you.

If a street is worth 75K then the answer is yes the buyer is being ripped off.

There are city utilities on this street, the land is flat.

Also the building is at the other end of the street from the hospital.

The worst part is, that they are about to kicked out of the house and they will be left on the streets without a roof over their heads!”

No one will turn any business operation over to someone off the street that has no background or specific knowledge in that business and carry a deal without cash up front.Such deals are similar to hiring a general manager, the owner dumps the business with enough cash flow that compensates the buyer much like a manager while keeping their income close to what they had.The seller, if motivated, will generally expect that the business is improved from where they had it, certainly not expecting it to go down.

I have seen banks call homeowners and demand their last $5k or they'll "be out on the street by the weekend" when they easily had another 3-4 months in the house regardless.

Some of the other good buildings in the area: The Emerald (on 14th Street & Brickell Bay Drive), and all the old short condos along Bay Road facing the water, The Palace (Brickell & 15th) and all the older condo buildings on Brickell past the highway overpass.