Covered land play with existing house worth asking. Develop 8 townhomes w/ garages between Wynwood, Magic City, Little River, Miami Beach, MIA Airport, & the new Swerdlow Group development of 5,000 units in Miami, FL. 7,100 SF lot Zoned T5-R. “Opportunity Zone” great since plans are ready to come out of the ground. Alternatively, the Live Local Act allows up to 20 units or change to small apartments for 10 units by right; subject to parking requirements. Budget friendly ‘Covered land play’ for income until one demolishes & develops. This home is used as a 3/2, is updated, & rented. Complimentary APPROVED PLANS, pending only the payment of impact & permit fees. Development calls for 8 separate water & sewer & FP&L meters, plus rooftops w/ summer kitchens.
Property Details
Price:
$595,000
MLS #:
A11792450
Status:
Active
Beds:
0
Baths:
0
Address:
Type:
Single Family
Subtype:
Residential
Subdivision:
FOREST PARK
Neighborhood:
forestpark
City:
Miami
Listed Date:
Apr 29, 2025
State:
FL
ZIP:
33150
Lot Size:
7,100 sqft / 0.16 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$6,599
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