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6535 NW 6th Ave - Permit Approved Land for 8 Townhomes 0.16 Acres of Commercial Land Offered at $499,000 in Miami, FL 33150
Investment Highlights
- Permit Ready for 8 folio #'s, 8 FP&L & 8 W/S meters. WASA 8" water line to property.
- 'OZ' - Opportunity Zoned Land Site perfect as you can come out of the ground in 60 to 90 days.
- Rent as 8 - 3 story townhomes or 12 separate units for best yields with Section 8
- Plans offered separately and are not included.
- Permit ready to develop 8 townhome units w/ garages of 4-stories - just pay impact & permit fees
- Easy access via the NW 69th Street exit from I-95 South Bound
Executive Summary
The land is clear with no trees to remove, streamlining development. The property has utilities available, is near major roads and public transit, and sits close to Miami’s top hotspots. An updated home on-site currently generates $30,600 in annual rental income, providing cash flow during permitting. Tenant is MTM. Being sold as a prime development opportunity—buyers should conduct their own due diligence regarding permitting and approvals. Please do not contact or disturb the tenants.
Property Facts
1 Lot Available
Lot 1
| Price | $499,000 | Lot Size | 0.16 AC |
| Price Per AC | $3,061,462.39 |
| Price | $499,000 |
| Price Per AC | $3,061,462.39 |
| Lot Size | 0.16 AC |
Permit ready for 8 townhomes with roof tops. Plans and Renderings by Urbanica Architects & Planners sold separately. Covered land play as property priced for the existing rental home. See attached dev models.
Description
Develop 8 townhomes w/ garages between Wynwood, Magic City, Little River, Miami Beach, MIA Airport, & the new Swerdlow Group development of 5,000 units in Miami, FL in the path of progress. “Opportunity Zone” Land. Could purchase with adjacent property and build up to 20 small apartments; subject to parking requirements. ‘Covered land play’ for income until one demolishes & develops. This home is used as a 3/2, updated, & rented. APPROVED PLANS purchased separately. Development of 8 townhomes pending Buyer payment of the impact fees & permit fees. Development calls for 8 separate W&S and FP&L meters, plus rooftops with summer kitchens. WASA connection in front with 8” mains adequate for 8 townhomes per County.
Property Taxes
| Parcel Number | 01-3113-025-0050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $277,695 |
Property Taxes
Contact the Sale Advisor
6535 NW 6th Ave - Permit Approved Land for 8 Townhomes