Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Pets: | Pets Allowed |
FinancialsPrice: $3,500,000 Annual Taxes: $14,305
| Price: | $3,500,000 |
|---|---|
| Annual Taxes: | $14,305 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
| Courtesy of STL Advisors, LLC | |
DescriptionOpportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation.
The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space.
The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Opportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Opportunity to purchase a prime hard corner development site in Little River, Miami s hottest emerging market.
DescriptionOpportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation.
The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space.
The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Opportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
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.