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Land - Mixed Use – 160 Feet of Frontage in Miami, FL – T5-O Zoning for Multifamily and Commercial Development

Commercial Sale

Category: Land - Mixed Use

Price:$888,000

Location: Miami, FL

Year Built: 1926

Days on Market: 33

Description:

One of the last remaining lots with this extensive frontage on 54th St! Boasting 160 feet of frontage, this property offers exceptional advertising exposure to the interstate. Just one block from I-95, it presents an incredible investment opportunity. Utilities, water, and sewer are already connected. Zoned T5-O, the lot allows for a variety of uses, including plazas, warehouses, offices, multifamily, and residential developments. Survey available Zoning permits up to 65 units per acre (approximately 24 units) and a building height of up to 75 feet, with a maximum of five stories. (See attached document for details.)

• Easy access to I-95 expressway (approx. 23,000+ daily commuters), which connects to all major highways • Great exposure • Signage opportunity

Listing Code: 1108486482