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1315 NE Miami Ct
Miami, FL 33132
Signature Park Arts Site · Multifamily Property For Sale
·
35 Units
Investment Highlights
- Prime Location: Adjacent to the future Signature Bridge Park and near Miami Worldcenter, Brightline station, and neighborhoods like Wynwood/Brickell
- Reduced Parking Requirements: Benefits from the Metro Mover Subzone designation, allowing increased density and significant parking reductions.
- Excellent Transit Access: Close proximity to major transit routes enhances development potential and may allow for further parking requirement waivers
- Zoned T6-24A-O under Miami-21, ideal for 47-story high-rise mixed-use development with up to 502 units, including 200 hotel and 302 residential
- Fully Leased Income Property: Currently fully leased with 35 units, providing a secure revenue stream while pursuing future redevelopment entitlements
Property Facts
| No. Units | 35 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 18,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | T6-24A-O | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 18,000 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1/1,000 SF |
| Zoning | T6-24A-O |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 35 | - | 550 - 600 |
Property Taxes
| Parcel Number | 01-3136-009-1540 | Improvements Assessment | $10,000 |
| Land Assessment | $7,500,000 | Total Assessment | $7,510,000 |
Property Taxes
Parcel Number
01-3136-009-1540
Land Assessment
$7,500,000
Improvements Assessment
$10,000
Total Assessment
$7,510,000
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