Description
Property is zoned T6-8-O and D1. The offering presents an opportunity to explore potential multifamily redevelopment of approximately 220 units, subject to applicable zoning, regulations, permitting, design requirements, governmental approvals, and buyer's independent due diligence. Conceptual development guidance and related materials may be available for review to assist prospective buyers in evaluating potential redevelopment scenarios. Buyers should consult their own architect, zoning counsel, engineers, consultants, and other qualified professionals regarding development potential and requirements. Potential development considerations may include the Live Local Act, LIHTC, QCT-related benefits, CRA programs, and other public or private financing sources. No representation or guarantee is made regarding eligibility, availability, approvals, financing, tax benefits, incentives, unit count, or development capacity. Strategically located on a hard corner with paved road access and convenient proximity to hospitals, transit, major employers, and neighborhood amenities. Attractive opportunity for multifamily developers, investors, syndicators, and CRA-aligned institutions seeking a redevelopment opportunity in Allapattah. All information is provided for general informational purposes only and is subject to change and independent verification. Buyer is responsible for conducting its own due diligence and should rely on its own investigations and qualified professionals.
Details
| MLS # | A12066924 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 73 |
| Listing Provided By | Miami New Realty | Madelin Estupinan |
Features
| SQ Feet | 26,660 |
|---|---|
| Building(s) | 3 |
| Zoning | 7000 |
| Acreage | 0.91 |
Exterior
| Lot Features | Central Business District, Corner Lot, City Lot |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 2310 |
| Listing VS Median (in 33142) | |
Price: $11,000,000 low | high Med: $274,000 sqft: 26,660 low | high Med: 4,175 $ / sqft: $413 low | high Med: $108 On site: 73 low | high Med: 92 | |
Market Activity 33142
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 2310 |
| Listing VS Median (in 33142) | |
Price: $11,000,000 low | high Med: $274,000 sqft: 26,660 low | high Med: 4,175 $ / sqft: $413 low | high Med: $108 On site: 73 low | high Med: 92 | |