Own a rare triple-parcel opportunity along the vibrant Miami River. This unique offering encompasses a combined 0.656 acres (28,587 sqft lot) with a diverse mix of income streams. The property boasts 4,767sqft of existing buildings, including an office space currently occupied by the owner and two multi-family properties offering steady, MTM income. The true potential lies in the future. With Miami 21 Code, this strategic location opens doors for exciting redevelopment possibilities. Envision a thriving residential complex with up to allowable 24 units once rezoned and reaching 8 stories high. Don't miss this chance to capitalize on a premier riverfront location and transform it into a masterpiece. This is a prime opportunity to create a legacy and redefine riverside living in Miami.
Mls | A11593158 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Year | 1923 |
Days On Site | 195 |
Listing Provided By | Black Swan Home Group LLC | Shani Maimoni |
Sq Feet | 4,767 |
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Storys | 2 |
Units | 5 |
Buildings | 5 |
Zoning | 7000 |
Acreage | 0.66 |
Water Front | Yes |
State | FL |
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County | Miami Dade |
City | Miami |
Zip Code | 33125 |
Area | 31 |
Listing VS Median (in 33125) | |
Price: $5,490,000 low | high Med: $217,500 SqFt: 4,767 low | high Med: 728 $ / SqFt: $1,152 low | high Med: $300 On Site: 195 low | high Med: 90.000000 |