About This Property
Land & Docks in Miami
Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $34,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.
Features & Amenities
Property Highlights
Sewer
- Public Sewer
Utilities
- Electricity Available
- Sewer Available
- Water Available
Possession
- Close Of Escrow
- Negotiable
Current Use
- Multi-Family
- Unimproved
WaterSource
- Public
Water Source
- Public
Listing Terms
- Cash
Road Surface Type
- Paved
Road Frontage Type
- Public Road
Environmental Audit
- Unknown
Road Responsibility
- Public Maintained Road
Special Information
- City Jurisdiction
Location of Property
- Central Business District
Showing Requirements
- Sign On Property
Comprehensive Plan Use
- Central Urban
- Urban Commerce
Specifications
Property Details
Location