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521 NW 12th Ave
Miami, FL 33136
Land For Sale
·
0.52 AC
Investment Highlights
- Under Live Local Act 201 Units can be developed
- FLR by Right: 112,500 SF (5)
- Under new code development potential: 154 Affordable Housing Units
- Zoned as of right for: 77 Units
- Height by right: 8 stories + mezzanine
- FLR by 3.14+ Public Benefit: (7.5): 168,750 SF
Property Facts
Description
FA Commercial is pleased to exclusively present this opportunity, a development site that can accommodate 77 units, situated in a prominent connection hub with established retail. In today's world, where people are increasingly seeking urban areas that offer convenient access to employment and entertainment, this well-connected location holds great significance. Moreover, this site is prominently located near renowned magnet schools, further enhancing its appeal. With Miami's growing population and rising rents, investing in this property offers a secure and lucrative opportunity that is resistant to inflation. Property Brochure: https://facommercial.com/properties/?propertyId=1229602-sale
Property Taxes
| Parcel Numbers | Improvements Assessment | $314,441 | |
| Land Assessment | $2,145,000 | Total Assessment | $2,459,441 |
Property Taxes
Parcel Numbers
Land Assessment
$2,145,000
Improvements Assessment
$314,441
Total Assessment
$2,459,441
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