Miami, FL 33189

Property

Ownership: For Sale
Type: Land
Lot Size: 0.8 Acres

Financials

Price:$3,900,000
Annual Taxes:$3,353
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Miami Real Estate Company

This is a rare opportunity to acquire a 32, 185 SF commercial development site with a potential for up to 53, 185 sqft with direct frontage on US 1 and ...

Description

This is a rare opportunity to acquire a 32,185 SF commercial development site (with a potential for up to 53,185 sqft) with direct frontage on US-1 and SW 214th Street, right in the heart of South Dade’s growing activity corridor. The property has outstanding visibility along one of Miami-Dade County’s busiest roadways, strong daily traffic counts, and easy access to surrounding residential neighborhoods, exactly what today’s mixed-use and multifamily developers are looking for. With the Florida Live Local Act in place, the site may qualify to exceed traditional density and height limits. It sits within a designated Rapid Transit Zone, and under current guidelines, a project can match the tallest approved building within a one-mile radius. A nearby approved development allows up to 25 stories, creating a strong precedent for vertical potential here.

Amenities

  • Irregular Lot
  • Other

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.