6318 NW 2nd Ave
Miami, FL 33150
Develop up to 6 units by right · Land For Sale
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0.10 AC
Investment Highlights
- Developing affordable under SB 102 Live Local Act potentially increases development potential
- Three (3) lot assemblage of 19,130 SF
- See attached proforma Development P&L & IRR as well as Unit Mix & proforma Rents
- Potentially deliver 65 units & 12 stories under SB 102 Live Local guidelines.
- In path of progress between Magic City Innovation & Little River Districts
Property Facts
Description
Potential land assemblage of 19,130 SF and 3 lots with the ability to build up to 65 units & up to 12 stories using the benefits of SB-102 Live Local Act and an affordable program. Purchase some bonus development rights to see if you may build more than 71 units to reap the full benefits afforded by enrolling this rental development into SB 102 Live Local Act. Asking $1.639 mm, an assemblage achieving 65 units is only $26,000/door land cost. (Assemblage includes 6138 & 6330 NW 2nd Ave & 210 NW 64th St.) Located between Little River & Magic City redevelopments and minutes to Wynwood, the Design District, Midtown Miami & Edgewater. No plans have been created nor submitted for this larger assemblage. Text/email to set up a call to discuss zoning and development potential. See attached proposed conceptual proforma rental and development models.
Property Taxes
| Parcel Number | 01-3113-028-0100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $183,443 |
Property Taxes
