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279 NW 54th St, Miami FL 33127

Miami, FL 33127

$825,000

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Price
$825,000
Building size
1,056
Property type
Mixed Use
Year built
1939
Lot size (sq ft)
6,650
MLS number
A12085823

This listing is courtesy of Graber Realty Group LLC, 786-362-5672.

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About this property

PRIME LITTLE RIVER/LITTLE HAITI REDEVELOPMENT OPPORTUNITY! Rare 6,650 SF development site with 50' of frontage directly on NW 54th Street with 17,200 Average Daily Traffic in one of Miami’s fastest-evolving corridors. Located near Magic City Innovation District and Design District, and minutes from Allapattah, Wynwood, Midtown, MiMo and the Beaches, with easy access to I-95 and Biscayne Blvd. T5-O Miami 21 zoning offers flexible potential for multifamily (city will allow 9 units; 5 stories with ground floor under-parking, per Seller), commercial, lodging and mixed-use development. Currently situated with a vacant, uninhabitable non income-producing duplex with abundant parking (currently with an offsite parking tenant), offering additional value-add or holding potential while planning future redevelopment. A compelling opportunity to develop, reposition or generate income while benefiting from the continued growth of this dynamic Miami location.

Details

Property type
Mixed Use
Year built
1939
Lot size (sq ft)
6,650

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

279 NW 54th St, Miami FL 33127 | Newmar Brokerage, LLC