This Land Property is no longer advertised on LoopNet.com.

33 NW 21st Ave
Miami, FL 33125
Small Development Option 4-8 Units · Land For Sale · 0.11 AC

Investment Highlights

  • Take advantage of transit oriented development benefits for parking reductions
  • New City programs incentivizing affordable housing allow for double density and deferral of impact fees

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.11 AC
No. Stories 2
Zoning T4-R

Description

5,000 Sq. Ft. Multi-Family land within Little Havana. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 4 units however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Flagler Street, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.

Property Taxes

Property Taxes

Parcel Number
01-4103-013-0850
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$338,800
  • Listing ID: 18989148

  • Date on Market: 3/25/2020

  • Last Updated:

  • Address: 33 NW 21st Ave, Miami, FL 33125

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