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Land - Mixed Use – 5008 SQ FT in Miami, FL – T4R Zoned for Development

Commercial Sale

Category: Land - Mixed Use

Price:$1,390,000

Location: Miami, FL

Year Built: 1924

Days on Market: 77

Description:

Welcome to a remarkable opportunity in the heart of Wynwood! This property, recently rezoned to T4R, offers a canvas for your visionary development. The house, sitting on a generous 5008 SQ FT lot which has been rezoned under the NDR-2 UrbanCore Opportunity Zone.With the flexibility to build up to 4 floors and accommodate up to 17 rental units, the potential is boundless. Zero parking also allowed to enable max number of units (3 floors & 70% lot coverage) The main house boasts 4 bedrooms and 3 bathrooms,ensuring spacious living,while a separate guest house adds versatility. Imagine crafting a modern masterpiece in this vibrant art and culture hub. Embrace the future,seize the moment – Wynwood awaits your transformative touch!This home is currently leased as AirBnB approx 138K/year

T4R, generous lot which has been rezoned under the NDR-2 UrbanCore/ flexibility to build up to 4 floors and accommodate up to 17 units.

Listing Code: 1102964565