Develop existing plans for 8 townhomes w/ garages btwn Wynwood, Magic City, Little River, Miami Beach, MIA Airport, & the new Swerdlow Group development of 5,000 units in Miami, FL in the path of progress. This is a 7,100 SF lot Zoned T5-R. “Opportunity Zone” great since plans are ready to come out of the ground. Alternatively, the Live Local Act allows up to 20 units or change to small apartments for 10 units by right; subject to parking requirements. Budget friendly ‘Covered land play’ for income until one demolishes & develops. This home is used as a 3/2, is updated, & rented. Complimentary APPROVED PLANS, pending only the payment of impact fees & permit fees for 8 large Townhomes. Development calls for 8 separate water & sewer & FP&L meters, plus rooftops w/ summer kitchens.
7,100 Sq Ft Exterior Space
Commercial
$6,599 Annual Tax
MLS/Listing ID A11792450
FOREST PARK
Lot - City Location
Lot - Irregular Lot
Listing Courtesy of DOUGLAS ELLIMAN, BRIAN CARTER - 305-677-5000
Source of Data: MIAMI ASSOCIATION OF REALTORS