Nest Seekers

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 ...

Miami, FL 33189

Listing

Web ID:5761387
Website:https://www.nestseekers.com/5761387

Property

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

Financials

Price:$3,900,000
Annual Taxes:$3,353

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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11968539

Amenities

  • Irregular Lot
  • Other

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Miami Real Estate Company
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