1560 NORTH WEST 15TH ST RD, Miami
$3,950,000 USD
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Address | 1560 NORTH WEST 15TH ST RD, Miami |
Type of Property | Income / MultiFamily |
Type of Business | Apartments, Residential-Multi-Family |
Price | $3,950,000 |
Previous Price | $3,900,000 (25 days ago) |
Property Status | Active |
MLS Number | A11674073 |
Property Size | 15526 |
Lot Size | 15526 |
Year Built | 1972 |
Folio Number | 01-31-35-010-0170 |
Zoning Information | T6-12-O |
Days on Market | 339 |
Detailed Description: Extraordinary investment opportunity in the heart of Allapattah by the Civic center, boasting an exceptional 1970s CBS construction covered-land play. This sixteen (16) -unit building, situated on a 15,526 sq.ft lot zoned T6-12-O w / parking is prime for developers. High density zoning of 150 du / acre also qualifies by right for TOD benefits given proximity to UHealth Station, it is further enhanced w / SB120 / Live Local, height is limited only by FAA, density could be potentially over 300 units. In other words, the only density or height limitation on this property will be based on how efficiently you handle parking within the building envelope. Each apartment features a well- designed floor plan w / 1 bed and 1 bath, providing consistency and ease of management.
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33125 |
Address | 1560 NORTH WEST 15TH ST RD |
Section | 35 |
Zip Code (4 Digits) | 5709 |
Financial Information
Price | $3,950,000 |
Price per Foot | $0 |
Previous Price | $3,900,000 |
Folio Number | 01-31-35-010-0170 |
Tax Amount | $34,588 |
Full Descriptions
Detailed Description | Extraordinary investment opportunity in the heart of Allapattah by the Civic center, boasting an exceptional 1970s CBS construction covered-land play. This sixteen (16) -unit building, situated on a 15,526 sq.ft lot zoned T6-12-O w / parking is prime for developers. High density zoning of 150 du / acre also qualifies by right for TOD benefits given proximity to UHealth Station, it is further enhanced w / SB120 / Live Local, height is limited only by FAA, density could be potentially over 300 units. In other words, the only density or height limitation on this property will be based on how efficiently you handle parking within the building envelope. Each apartment features a well- designed floor plan w / 1 bed and 1 bath, providing consistency and ease of management. |
Property parameters
Living Area | 15526 |
Lot Size | 15526 |
Total Acreage | 0.000 |
Zoning Information | T6-12-O |
Maximum Leasable Size | 15526 |
Year Built | 1972 |
Type of Property | Income / MultiFamily |
Type of Business | Apartments, Residential-Multi-Family |
Street Direction | North West |
Listed with | Fausto Commercial Realty Consultants Inc |