Courtesy of: Brian Carter PA, Douglas Elliman, brian.carter@elliman.com
Courtesy of: Brian Carter PA, Douglas Elliman, brian.carter@elliman.com
$695,000
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Lot: 0.16 Acres
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Other
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$695,000
Over 60% potential development returns for this permit ready development site in an Opportunity Zone in Miami, FL, between Magic City & the Little River Innovation Districts; as well as between Wynwood, Miami Beach, MIA Airport, but near the new Swerdlow Group development of 5, 000 + units. Plans to develop 8 townhomes w/ garages & roof top summer kitchens. Sell as condos or rental flexibility as either 8 townhomes or 4 – 3 bed townhomes; 4 – 2/2 flats, & 4 – ground level 1/1’s. Rentals for the 12 units produce best yield on costs. 7, 100 SF lot Zoned T5-R. On site is an existing house rented for current income. Development pending only the payment of impact, permit fees, & tree bond by Buyer.
Courtesy of: Brian Carter PA, Douglas Elliman, brian.carter@elliman.com
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