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$10,000,000
Est. payment /mo
20,336 SqFt
UPDATED:
11/05/2024 08:08 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 20,336 sqft
Price per Sqft $491
MLS Listing ID A11680448
HOA Y/N No
Year Built 1970
Annual Tax Amount $59,902
Lot Size 0.788 Acres
Property Description
Extraordinary investment opportunity in the heart of Allapattah along the 17 AV retail corridor, boasting an exceptional 1970s CBS construction that is hurricane proof. The site This 34-unit apartment bldg, situated on 34,318 SF lot zoned T6-8-O w/parking space is prime for developers. This high density zoning of 150 du/acre, fantastic frontage of three streets allows for great circulation of ingress/egress, it is further enhanced with 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 with 1 bedroom & 1 bath, providing consistency & ease of mgmt
Location
State FL
County Miami-dade
Area 31
Others
Tax ID 01-31-26-020-0620
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Listed by Fausto Commercial Realty Consultants Inc