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Asking Price$1,350,000

  • Lot size 7575sqft
  • Taxes $1,134
  • Days on market:

    36 day(s)
  • Original Price:

    $1,350,000
  • Tax Legal Description:

    EARLINGTON HGTS PB 13-61 LOT 1 LESS W25FT FOR R/W BLK 2 PR ADD 4885 NW 22 AVE LOT SIZE 49.120 X 85 COC 25184-2538 11 2006 2
  • Tax Year:

    2022
  • Property Type:

    Income/MultiFamily
  • Waterfrontage (sqft):

    150
  • Lot Features:

    City Location Less Than 1 Acre

Description

$1,350,000

Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. this property is located in central miami, florida. convenient access on nw 22nd avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). in order to maximize the density, the county requires 12.5% of the units to be workforce housing, between 80% and 120% of ami. additionally, the site plan currently carries an approved retail component on the first floor of the building.
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