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1560 NW 3rd St - LOT WITH ENTITLEMENTS FINAL APPROVAL 11 Units 0.17 Acres of Commercial Land Offered at $1,327,000 in Miami, FL 33125
Investment Highlights
- Strategic location in front of Marlin Stadium
- Efficient 11 unit multifamily building ready to build
- Lot with approved plans
Executive Summary
?Vacant lot with development entitlements nearing final approval for a 11-unit multifamily project.
?Prime location with consistent rental demand.
?Plans include a highly efficient 11-unit multifamily configuration
?Prime location with consistent rental demand.
?Plans include a highly efficient 11-unit multifamily configuration
Property Facts
1 Lot Available
Lot
| Price | $1,327,000 | Lot Size | 0.17 AC |
| Price Per AC | $7,715,116.28 |
| Price | $1,327,000 |
| Price Per AC | $7,715,116.28 |
| Lot Size | 0.17 AC |
Prime development opportunity in Little Havana! This 7,500 sq ft vacant lot is zoned T5-L, allowing for multifamily development and short-term rentals (Airbnb) by right, 11-unit apartment building are near approval.
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Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4102-005-8200 | Improvements Assessment | $0 |
| Land Assessment | $750,000 | Total Assessment | $750,000 |
Property Taxes
Parcel Number
01-4102-005-8200
Land Assessment
$750,000
Improvements Assessment
$0
Total Assessment
$750,000
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1560 NW 3rd St - LOT WITH ENTITLEMENTS FINAL APPROVAL 11 Units