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690 NW 52nd st - PRICE REDUCED T50 PRIME REDEVELOPMENT 0.25 Acres of Commercial Land Offered at $890,000 in Miami, FL 33127

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INVESTMENT HIGHLIGHTS

  • Fronting NW 7 Ave, north - south, high transit county corridor

EXECUTIVE SUMMARY

PRIME CORNER LOCATION!!! Unlock the potential of this strategically located vacant parcel, perfectly positioned for redevelopment within the coveted T5-O zoning district.
Key Highlights:
Zoning: T5-O (Urban Center Zone) – Ideal for mixed-use, multi-family, retail, or commercial projects.
Lot Size: 11030 SF– Plenty of space to realize your vision.
Location Advantages:
Minutes from major highways, bustling commercial districts, and vibrant neighborhoods.
High demand for urban-style living and retail/commercial space in the area.
Development Flexibility: Build up to 65DU/ACRE and create a blend of residential, commercial, or mixed-use developments.
Why 690 NW 52 St?
With T5-O zoning, this property offers unparalleled opportunities for developers looking to create innovative, urban-style projects. Whether you envision a boutique residential community, a modern commercial plaza, or a combination of both, this parcel provides the perfect foundation.
Don’t miss this chance to invest in a rapidly growing area!
Contact us today to learn more about this property and explore the possibilities for redevelopment.

PROPERTY FACTS Under Contract

Price $890,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Restaurant
Total Lot Size 0.25 AC
Opportunity Zone Yes
Zoning T5-O - Zoning: T5-O (Urban Center Zone) Ideal for mixed-use, multi-family, retail, or commercial projects.Development Flexibility: Build up to 65du/AC, 5 ST

1 LOT AVAILABLE

Lot

Price $890,000
Price Per AC $3,514,813.56
Lot Size 0.25 AC

The T5-O (Urban Center Zone) zoning designation allows for a mix of residential, commercial, and office uses, making this property ideal for redevelopment opportunities. The zoning promotes mid-density, pedestrian-friendly urban environments

DESCRIPTION

The T5-O (Urban Center Zone) zoning designation allows for a mix of residential, commercial, and office uses, making this property ideal for redevelopment opportunities. The zoning promotes mid-density, pedestrian-friendly urban environments with flexible development options. Property Highlights: ? Lot Size: 11,030 SQFT corner developable land ? Zoning: T5-O Urban Center Zone – Ideal for mixed-use development ? Max Density: Allows for a mix of residential, retail, office, and hospitality uses ? Height Allowance: Up to 5 stories under Miami 21 zoning regulations ? Transit-Oriented: Supports live-work-play environments Location Highlights: ?? Prime Position: Located on NW 7th Ave, a high-traffic corridor with 24,000+ daily vehicle count ?? Strategic Location: Easy access to major highways including I-95, SR 112, and US-1 ?? Proximity: Minutes from Wynwood, Miami Design District, Downtown Miami, and Miami International Airport ?? Growing Market: Situated in a rapidly developing area with strong investment potential ?? Ideal Uses: Multifamily Residential, Retail, Office, Boutique Hotel, or Mixed-Use Development For more details, site plans, or investment inquiries, contact: Markos Bertolotti, Fausto Commercial 305.632.2057

Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3124-013-3090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$429,883
  • Listing ID: 31905994

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 690 NW 52nd st, Miami, FL 33127

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