Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Pets: | Pets Unknown |
| Area: | 13592 sq ft |
| Lot Size: | 27708 sq ft |
FinancialsPrice: $5,799,000
| Price: | $5,799,000 |
|---|
 | Licensed Real Estate Salesperson Mobile: +1(786) 609-8263 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 |
DescriptionAllapattah (“the next Wynwood”) is the most sought-after up-and-coming neighborhood in Miami, where plans to transform the area have been recently approved. Allapattah is expected to become Miami's newest cultural hub with an abundance of new apartment buildings, dining destinations, breweries, live music venues and more. New and future developments that were recently announced are projected to add more than 4,000 new residential units to the area, in a move that will have a dramatic effect on real estate values in the neighborhood.
Only a block away from the largest future mixed-use development in the area, lies a 13,592 square-foot warehouse on an extra-large corner 27,708 square-foot lot. Zoned T6-8-O, the property offers a rare opportunity for investors and developers to build a large-scale 8-story multifamily building with up to 95 apartments and a retail/commercial street level. Adjacent 7,250 square-foot vacant lot is for sale as well, to increase development potential to 120 units.
From ABC News, June 2021: “Empty lots and warehouses in emerging neighborhoods such as Allapattah have become the next sought-after real estate commodity for mix-use developments, especially due to their location directly west of the already bustling neighborhoods of Wynwood, Edgewater, and Downtown.”
Limited-term lease-back may be considered.
Allapattah (“the next Wynwood”) is the most sought-after up-and-coming neighborhood in Miami, where plans to transform the area have been recently approved. Allapattah is expected to become Miami's newest cultural hub with an abundance of new apartment buildings, dining destinations, breweries, live music venues and more. New and future developments that were recently announced are projected to add more than 4,000 new residential units to the area, in a move that will have a dramatic effect on real estate values in the neighborhood.
Only a block away from the largest future mixed-use development in the area, lies a 13,592 square-foot warehouse on an extra-large corner 27,708 square-foot lot. Zoned T6-8-O, the property offers a rare opportunity for investors and developers to build a large-scale 8-story multifamily building with up to 95 apartments and a retail/commercial street level. Adjacent 7,250 square-foot vacant lot is for sale as well, to increase development potential to 120 units.
From ABC News, June 2021: “Empty lots and warehouses in emerging neighborhoods such as Allapattah have become the next sought-after real estate commodity for mix-use developments, especially due to their location directly west of the already bustling neighborhoods of Wynwood, Edgewater, and Downtown.”
Limited-term lease-back may be considered.
Warehouse on an XL lot in "Miami's next Wynwood" | Rare opportunity to develop a 95-unit multifamily building in up-and-coming Allapattah
DescriptionAllapattah (“the next Wynwood”) is the most sought-after up-and-coming neighborhood in Miami, where plans to transform the area have been recently approved. Allapattah is expected to become Miami's newest cultural hub with an abundance of new apartment buildings, dining destinations, breweries, live music venues and more. New and future developments that were recently announced are projected to add more than 4,000 new residential units to the area, in a move that will have a dramatic effect on real estate values in the neighborhood.
Only a block away from the largest future mixed-use development in the area, lies a 13,592 square-foot warehouse on an extra-large corner 27,708 square-foot lot. Zoned T6-8-O, the property offers a rare opportunity for investors and developers to build a large-scale 8-story multifamily building with up to 95 apartments and a retail/commercial street level. Adjacent 7,250 square-foot vacant lot is for sale as well, to increase development potential to 120 units.
From ABC News, June 2021: “Empty lots and warehouses in emerging neighborhoods such as Allapattah have become the next sought-after real estate commodity for mix-use developments, especially due to their location directly west of the already bustling neighborhoods of Wynwood, Edgewater, and Downtown.”
Limited-term lease-back may be considered.
Allapattah (“the next Wynwood”) is the most sought-after up-and-coming neighborhood in Miami, where plans to transform the area have been recently approved. Allapattah is expected to become Miami's newest cultural hub with an abundance of new apartment buildings, dining destinations, breweries, live music venues and more. New and future developments that were recently announced are projected to add more than 4,000 new residential units to the area, in a move that will have a dramatic effect on real estate values in the neighborhood.
Only a block away from the largest future mixed-use development in the area, lies a 13,592 square-foot warehouse on an extra-large corner 27,708 square-foot lot. Zoned T6-8-O, the property offers a rare opportunity for investors and developers to build a large-scale 8-story multifamily building with up to 95 apartments and a retail/commercial street level. Adjacent 7,250 square-foot vacant lot is for sale as well, to increase development potential to 120 units.
From ABC News, June 2021: “Empty lots and warehouses in emerging neighborhoods such as Allapattah have become the next sought-after real estate commodity for mix-use developments, especially due to their location directly west of the already bustling neighborhoods of Wynwood, Edgewater, and Downtown.”
Limited-term lease-back may be considered.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.