5712 NW 22nd Ave Miami, FL 33142 |
Price: $2,345,000 |
Type of Property: | Area: 31 |
Style of Property: Unimproved Multi Family (5+Units) |
ID#: 1011442524 | Zoning_Information: 6051 |
Tax Amount: 3092 |
Status: Active & Available | Tax Year: 2023 |
Approximate Lot Size: 17905
|
County: Miami-Dade County |
Folio Number: 30-31-15-025-0280 |
Listed Date year/month/day: 2023-08-25 |
Legal:GORRAY PARK PB 12-30 LOTS 30 & 31 LESS E25FT BLK 1 FOR R/W LOT SIZE 80.000 X 112 OR 9700-784-783 |
The Hype Real Estate Group is proud to exclusively present the opportunity to purchase a development site for 67 multifamily units. This property is located in the urban center of Miami with proximity to employment, retail, schools, and highways. The current site plan carries a majority of 2 bedroom units with an approved reduction of parking requirements. The county has approved this higher density in exchange for 25% of the units being allocated to workforce housing (80-120% of AMI).Additionally, the Sellers have achieved site plan approval on another parcel (8 blocks away) for 36 units - which would allow an investor to purchase the bulk package and build 103 units in a high-demand corridor. |