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$1,999,000
Est. payment /mo
4,380 SqFt
UPDATED:
12/16/2024 11:48 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $456
MLS Listing ID A11687204
HOA Y/N No
Year Built 1947
Annual Tax Amount $19,473
Lot Size 0.278 Acres
Property Description
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.
Location
State FL
County Miami-dade
Area 32
Others
Tax ID 01-32-18-015-0090
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Listed by Fausto Commercial Realty Consultants Inc