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$859,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
12/02/2024 03:35 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Northern Blvd Track
MLS Listing ID A11600817
HOA Y/N No
Annual Tax Amount $8,942
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 48x100
Property Description
Don't miss the lowest-priced covered land play in coveted Wynwood Norte, this prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 3 stories and 16 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195, it currently consists of two units—a front 4/2, and a rear 1/1 plus detached room. New central AC system. Rented for $5200, yielding a 5.1% cap rate while you develop plans. The layouts are for illustration purposes, no plans submitted.
Location
State FL
County Miami-dade
Community Northern Blvd Track
Area 31
Exterior
Utilities Available Cable Available, Phone Available, Trash Collection
Present Use Other
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-25-024-0810
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry
Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry
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Listed by LoKation
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