Miami, FL 33142

Property

Ownership: Corporation
Type: Commercial
Lot Size: 0.1 Acres

Financials

Price:$535,000
Annual Taxes:$3,560
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Miami Dream Properties Inc.

Exceptional development opportunity in a prime and highly centralized location near public transit, I 95, Midtown, the Health District, Downtown Brickell, Miami Beach and Miami International Airport.

Description

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport. Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit. Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions. An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Amenities

  • LessThanOneAcre
  • WaterAvailable

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.