Land for Sale in Miami, Florida

Miami-Dade County Miami, FL 33133

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$5,300,000
0.41 acres
Active sale$295k dropEst $54,766/mo

**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*

Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).

This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add'l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.

Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.

Optional stock sale for qualified prospects.

Directions

The owner would rather not have the address on the market to not disturb the tenants. North of US-1 on 27th Ave. Contact listing agent for details.

Property details

MLS Number
MAOR A11481158
Date Listed

Property taxes

2023
$60,662

Resources

This 0.41-acre property is located in Miami, FL 33133. The property is currently available for sale for $5,300,000 with a price per acre of $12,926,829. Listing data is sourced from MIAMI Association of Realtors # A11481158.

Verify sale details at the property source or contact Real Estate Sales Force at (305) 392-1497.

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Copyright (C) 2024 MIAMI Association of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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