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Mixed-Use Development Opportunity – 11,250 sqft in Miami, FL – Community Development with Restaurant and Apartment Potential

Commercial Sale

Category: Mixed-Use

Price:$1,400,000

Location: Miami, FL

Year Built: 1954

Days on Market: 55

Description:

Corner Lot location for Community Development. Investor/developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11,250 sqft and 10 minutes away from Wynwood. Mixed-Use Corridor, Opportunity Zone Community which allows for a maximum of 2-10 floors building with a density of 90 max. Front and Rear setbacks are 25' for buildings up to 35' in height. For any additional questions, please contact the Planning Division at the Miami Dade Building Department to confirm zoning.

Exciting opportunity to develop a 31-unit apartment building. Restaurant with 2 adjoining lots totaling 11,250 sqft.

Listing Code: 1052894553