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Other Land - GORRAY PARK for Sale

5712 NW 22ND AVE, MIAMI, FL 33142

Asking Price$2,345,000

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  • Lot size 8960sqft
  • Taxes $3,092
  • Days on market:

    6 day(s)
  • Original Price:

    $2,345,000
  • Tax Legal Description:

    GORRAY PARK PB 12-30 LOTS 30 & 31 LESS E25FT BLK 1 FOR R/W LOT SIZE 80.000 X 112 OR 9700-784-783
  • Tax Year:

    2023
  • Property Type:

    Land
  • Waterfrontage (sqft):

    170
  • Lot Features:

    County Location City Location Urban Area Development Near Airport Less Than 1 Acre

Description

$2,345,000

The hype real estate group is proud to exclusively present the opportunity to purchase a development site for 67 multifamily units. this property is located in the urban center of miami with proximity to employment, retail, schools, and highways. the current site plan carries a majority of 2 bedroom units with an approved reduction of parking requirements. the county has approved this higher density in exchange for 25% of the units being allocated to workforce housing (80-120% of ami).additionally, the sellers have achieved site plan approval on another parcel (8 blocks away) for 36 units - which would allow an investor to purchase the bulk package and build 103 units in a high-demand corridor.

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