Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.
Listed By
Agency Name: Miami Dream Properties Inc.
Agency Phone: 305-728-8800
Shown By
Agent Name: Deborah Anderson
Agent Phone: Cell: (954) 914-4966
Agency Title: Realty 100
Estimated Payment
$ 1,643.39 per month $1,190.68 Principal & Interest $296.67 Property Tax $156.04 Homeowner's Insurance
1224 NW 59 | MLS# A12017553
This land located at 1224 NW 59, Miami, FL 33142 is currently listed for sale with an asking price of $535,000. The property has approximately 0.12 Acres. Search Miami real estate on danderson.realty100.com today.