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Other Land - for Rent

248 US1, MIAMI, FL 33032

Asking Price$5,000,000

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  • Days on market:

    1 day(s)
  • Original Price:

    $5,000,000
  • Tax Legal Description:

    23 56 39 1.955 AC M/L COMM X OF SELY R/W/L OF US1 & S/L OF SE1/4 OF SW1/4 OF SW1/4 OF SEC 23 TH N 39 DEG E 433.78 FT FOR POB TH CONT N 39 DE
  • Tax Year:

    2024
  • Property Type:

    Land
  • Lot Features:

    Other Location 1-2.5 Acres

Description

$5,000,000

The canero group is presenting the sale of a development site consisting of an approximately (2.07 acres gross)parcel in miami dade county. the project is part of the princeton community urban center district (pcuc), in the core subdistrict allowing a density of up to 125 units per gross acre. this allows up to 258 units on the site. as shown in aerials to follow, this is one of the last available lots to develop in the area. while the buyer may create their own site plan to obtain the 258 units, to optimize cost-efficiency, we are proposing a building of 254 apartments for senior living spread across 7 floors with a separate free standing parking garage of 2 floors. having a bus stop adjacent to our property allows us to reduce parking by 40%.

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