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$4,100,000
Est. payment /mo
9,856 SqFt
UPDATED:
10/17/2024 09:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,856 sqft
Price per Sqft $415
MLS Listing ID A11674073
HOA Y/N No
Year Built 1972
Annual Tax Amount $34,588
Lot Size 0.356 Acres
Property Description
Extraordinary investment opportunity in the heart of Allapattah by the Civic center, boasting an exceptional 1970s CBS construction covered-land play. This sixteen (16)-unit building, situated on a 15,526 SF lot zoned T6-12-O w/parking is prime for developers. High density zoning of 150 du/acre also qualifies by right for TOD benefits given proximity to UHealth Station, it is further enhanced w/SB120/Live Local, height is limited only by FAA, density could be potentially over 300 units. In other words, the only density or height limitation on this property will be based on how efficiently you handle parking within the building envelope. Each apartment features a well- designed floor plan w/1 bed & 1 bath, providing consistency and ease of management.
Location
State FL
County Miami-dade
Area 31
Others
Tax ID 01-31-35-010-0170
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Listed by Fausto Commercial Realty Consultants Inc