Miami, FL 33142

Property

Ownership: For Sale
Type: Land
Lot Size: 0.2 Acres

Financials

Price:$1,200,000
Annual Taxes:$2,992
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Florida Brokers Intl' Realty

Prime Development Opportunity in Miami's Brownsville Area !

Description

**Prime Development Opportunity in Miami's Brownsville Area!** Discover the potential of this approximately 9,600 SF vacant lot located at 2895 NW 45th St, offering the possibility of developing up to 40 residential units, subject to applicable zoning regulations and approvals. Preliminary zoning and building department due diligence has already been conducted, providing valuable insight into the property's development potential.Ideal for multifamily rental apartments, condominiums, or senior living/assisted living facilities, subject to applicable approvals. Located within a designated Federal Opportunity Zone, the property may offer significant tax advantages for qualified investors.Strategically situated near Metrorail, Miami International Airport, and major highways, including I-95 and SR-112, with convenient access to Downtown Miami and surrounding neighborhoods.An exceptional opportunity for developers and investors looking to capitalize on Miami's continued growth and demand for housing.**Offered at $1,200,000.** Buyer is responsible for independently verifying zoning, permitted uses, development density, Opportunity Zone eligibility, and all property information.

Amenities

  • Sewer Not Available

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.