
The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means youre looking at a by-right development potential for up to 116 multifamily units. Heres the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives ? no parki...The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means youre looking at a by-right development potential for up to 116 multifamily units. Heres the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives ? no parking required in TOD zones, increased FAR, density, and height ? and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.
View MoreCourtesy of
Agency Name: RE/MAX 360 Real Estate
Agency Phone: 305-602-0360
Agent Name: Agustin Duarte
Presented by
Agent Name: Anthony DiGennaro
Agent Phone: 401.524.6336
Agency Title: The Keyes Company
Send an email with a link to
Please Call For Address, Miami, FL 33142.
Email Please Call For Address, Miami, FL 33142
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