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 $40,000/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.
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33125
- Street:
- 1552 Nw 15th Ave, Miami, Florida 33125
- Longitude:
- W81° 46' 44.7''
- Latitude:
- N25° 47' 24.2''
- Cumulative DOM:
- 1
- DOM:
- 1
- Directions:
- Sign on property. Don't both the tenants. See attached OM. No interest in JVs
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- LotSize Dimensions:
- 50x108
- Parcel Number:
- 01-31-35-010-0250
- Subdivision Name:
- GRAND VIEW PARK
- Tax Annual Amount:
- $10,527
- Utilities
- Virtual Tour:
- Click Here
Land For Sale
1552 Nw 15th Ave, Miami, Florida 33125, Miami, Florida 33125
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,790,000
- Lot Area :
- 5,400 Sqft
- MLS # :
- A12061585
- Property Sub Type :
- Residential
