$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.4875 NW 22ND AVE, MIAMI, FL 33142
Income/MultiFamily - EARLINGTON HGTS for Sale
4875 NW 22ND AVE, MIAMI, FL 33142Asking Price$1,350,000
- Lot size 7575sqft
- Taxes $1,134
-
Days on market:
36 day(s) Original Price:
$1,350,000Tax 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 2Tax Year:
2022-
MLS:
A11302710 -
Property Type:
Income/MultiFamily -
Waterfrontage (sqft):
150
Lot Features:
City Location Less Than 1 Acre
Description
Income/MultiFamily - EARLINGTON HGTS for Sale
4875 NW 22ND AVE, MIAMI, FL 33142Asking Price$1,350,000
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