Miami, FL 33147

Property

Ownership: For Sale
Type: Commercial
Lot Size: 18730 Acres

Financials

Price:$390,000
Annual Taxes:$3,219
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Modern World Realty

Prime commercial land located in a designated Opportunity Zone, offering significant tax incentives for investors !

Description

Prime commercial land located in a designated Opportunity Zone, offering significant tax incentives for investors! This lot is zoned BU-1 (Neighborhood Business District), allowing a variety of uses including retail stores, service establishments, offices, restaurants, cafes, and car washes. The zoning permits a maximum building height of 2 stories or 35 feet, with a Floor Area Ratio (FAR) of 0.40 for 1 story, increasing by 0.11 for each additional story. Setbacks include 20 feet front, 20 feet rear from residential boundaries or 5 feet from BU/IU boundaries, 0 feet interior side adjacent to BU/IU districts, and 15 feet side street or 25 feet if adjacent to a residential district. Perfect for developing a mixed-use project that meets the essential needs of the local community.

Amenities

  • IrregularLot
  • LessThanOneAcre
  • Other
  • SewerNotAvailable

Long Island MLS

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.