An exceptional covered land play on a 12,000 sf site with T-5-0 mixed-use high density zoning with a with the potential to generate $8k per month which works as a strong covered land play for developers working towards site plan approval.Current plans submitted consist of18 units consisting of 3 bedrooms.This market is suffering a crisis of housing, and with virtually 0%vacancy, these units will rent fast when built and rents will keep growing over time. The site benefits from great proximity toMiami's Design district, Wynwood, Magic city, Midtown and Miami’s Civic center.
MLS# | A11687204 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 167 |
Listing Provided By | Fausto Commercial Realty Consultants Inc | Giovanni Bertolotti |
SQ Feet | 4,380 |
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Building(s) | 1 |
Zoning | 6101 |
Acreage | 12120.00 |
State | FL |
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County | Miami Dade |
City | Miami |
Zip Code | 33138 |
Area | 32 |
Listing VS Median (In 33138) | |
Price: $1,999,000 low | high Med: $346,500 SqFt: 4,380 low | high Med: 983 $ / SqFt: $456 low | high Med: $379 On site: 167 low | high Med: 32.000000 |