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Gelfand Realty Miami Properties - Other Land

1190 NW 55TH ST, MIAMI, FL 33127

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Other Land - FULFORD PARK

1190 NW 55TH ST, MIAMI, FL 33127

Asking Price$1,299,000

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  • Days on market:

    148 day(s)
  • Original Price:

    $1,299,000
  • Tax Legal Description:

    FULFORD PARK PB 12-43 LOT 8-A LESS W10FT FOR R/W BLK 1-A LOT SIZE 43.25 X 115 OR 14434-2977 0290 2 (8)
  • Tax Year:

    2023
  • Property Type:

    Land
  • Waterfrontage (sqft):

    120
  • Lot Features:

    City Location Urban Area Development Near School Corner Lot Less Than 1 Acre Regular Lot

Description

$1,299,000

**motivated seller!** this prime corner mixed-use property spans 20,729 square feet and is zoned t-5 miami 21, allowing for 65 units per acre. the site features 120 feet of frontage on nw 12th avenue and 175 feet along 55th street. under the live local act, the property can accommodate more than 250 units per acre with the potential for up to 8 stories and market rents are compatible. a bus stop is conveniently located in front of the site. situated at the northeast corner of nw 12th avenue and 55th street in the city of miami, this location is in close proximity to the miami health center, wynwood, and magic city. there is potential for assemblage, increasing the total area to 35,000 square feet. opportunity zone!!!

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