Corner Lot location for Community Development. Investor / developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11

2451 NORTH WEST 54TH ST, Miami

$1,400,000 USD
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Address2451 NORTH WEST 54TH ST, Miami
Type of PropertyRestaurant / Entertainment
Type of BusinessRestaurant / Bar
Price$1,400,000
Previous Price$1,500,000 (89 days ago)
Property StatusActive
MLS NumberA11503205
Property Size11250
Lot Size11250
Year Built1954
Folio Number30-31-15-042-0310
Zoning Information6062
Days on Market634

Detailed Description: Corner Lot location for Community Development. Investor / developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11,250 sq.ft and 10 minutes away from Wynwood. Mixed-Use Corridor, Opportunity Zone Community which allows for a maximum of 2-10 floors building with a density of 90 max. Front and Rear setbacks are 25′ for buildings up to 35′ in height. For any additional questions, please contact the Planning Division at the Miami Dade Building Department to confirm zoning.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33142
Address2451 NORTH WEST 54TH ST
Section15
Financial Information
Price$1,400,000
Price per Foot$0
Previous Price$1,500,000
Folio Number30-31-15-042-0310
Tax Amount$4,503
Full Descriptions
Detailed DescriptionCorner Lot location for Community Development. Investor / developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11,250 sq.ft and 10 minutes away from Wynwood. Mixed-Use Corridor, Opportunity Zone Community which allows for a maximum of 2-10 floors building with a density of 90 max. Front and Rear setbacks are 25′ for buildings up to 35′ in height. For any additional questions, please contact the Planning Division at the Miami Dade Building Department to confirm zoning.
Year Built DescriptionResale
Property parameters
Living Area11250
Lot Size11250
Total Acreage0.000
Zoning Information6062
Maximum Leasable Size11250
Year Built1954
Type of PropertyRestaurant / Entertainment
Type of BusinessRestaurant / Bar
Construction TypeConcrete Block Construction
Street DirectionNorth West
Listed withInspired Lifestyle Realty, LLC