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$1,990,000

1189 NW 26 St, Miami FL 33127

Miami, FL 33127

Brickell

0

Bedrooms

0

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Sq Ft

About This Property

Permit ready before June 30th: Develop 49 units in 9-story apartment building West of Wynwood, blocks to the UM Hospital District in Miami, FL. Develop by-right via the ‘Live Local Act’, 48 residential units plus one (1) commercial/office. As this site is in a ‘Transit Oriented Development’ (“TOD”) Area, it benefits from the cost savings of zero parking requirements. The location is within blocks of two metro-stations just north and south of the site along NW 12th Ave. Potential for over $1.1 mm in annual proforma revenue when developed, delivered & stabilized. Plans in process on 2nd round of submissions. Only $42,000/door land cost.

Property Details

Property Type Commercial Land
Status Active
Lot Size 5,000 sq ft
Days on Market 48
MLS # 4e23eadfbb3cd29f95ced8d83b3daa01