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181 NW 41st St - Design District Area Development Opportunity 0.33 Acres of Commercial Land Offered at $1,500,000 in Miami, FL 33127
Investment Highlights
- Develop up to 5 townhomes plus a luxury 2-story home w/ ancillary unit.
- Allows 3 and 2 story development respectively.
- Walking distance to the Design District.
- Large 14,400 SF lot w/ ample space for project layout.
- Mixed zoning: T4-O & T3-L.
- Urban Infill close to Midtown, Edgewater & Wynwood.
Executive Summary
Miami, FL Development Site of approximately 14,400 SF of land with 100’ front feet on NW 41st Street just east of NW 2nd Ave and 2 blocks to Miami’s Design District, Buena Vista, Midtown Miami, & Wynwood Norte. This is a unique development opportunity in the heart of Miami’s Urban Core. Zoned half T4-O for up to 3-stories & 5 units plus the east half is zoned T3-L for a luxury 2-story home & ancillary unit, allowing for creative income, townhomes & luxury home ideas. Unparalleled connectivity to major employment centers via I-95. One Folio #. Covered land play with an existing 2-unit home & apartment onsite for income. Proforma sell out of $6.5 mm for a luxury home and a set of 3-story townhomes with roof tops.
Property Facts
1 Lot Available
Lot 1
| Price | $1,500,000 | Lot Size | 0.33 AC |
| Price Per AC | $4,537,493.31 |
| Price | $1,500,000 |
| Price Per AC | $4,537,493.31 |
| Lot Size | 0.33 AC |
Development site of mixed zoning for up to 5 townhomes of 3 stories plus a 2-story luxury home & ancillary unit steps to Miami's Design District, Midtown & Wynwood. 14,400 SF with mixed zoning of T4-O & T3-L. Site is 100' front feet X 144' deep.
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 01-3124-020-0100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $748,211 |
Property Taxes
Parcel Number
01-3124-020-0100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$748,211
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181 NW 41st St - Design District Area Development Opportunity
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