Extraordinary investment opportunity in the heart of Allapattah along the 17 AV retail corridor, boasting an exceptional 1970s CBS construction that is hurricane proof. The site This 34-unit apartment bldg, situated on 34,318 sq.ft lot zoned T6-8-O w / parki

2629 NW 17th Ave, Miami, FL 33142, USA

$10,000,000 USD
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Address2629 NORTH WEST 17TH AVE, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
Price$10,000,000
Property StatusActive
MLS NumberA11680448
Property Size34318
Lot Size34318
Year Built1970
Folio Number01-31-26-020-0620
Zoning InformationT6-8-O
Days on Market327

Detailed Description: Extraordinary investment opportunity in the heart of Allapattah along the 17 AV retail corridor, boasting an exceptional 1970s CBS construction that is hurricane proof. The site This 34-unit apartment bldg, situated on 34,318 sq.ft lot zoned T6-8-O w / parking space is prime for developers. This high density zoning of 150 du / acre, fantastic frontage of three streets allows for great circulation of ingress / egress, it is further enhanced with 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 with 1 bedroom and 1 bath, providing consistency and ease of mgmt

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33142
Address2629 NORTH WEST 17TH AVE
Section26
Zip Code (4 Digits)7667
Google Location Info2629 NW 17th Ave, Miami, FL 33142, USA
Financial Information
Price$10,000,000
Price per Foot$0
Folio Number01-31-26-020-0620
Tax Amount$59,902
Full Descriptions
Detailed DescriptionExtraordinary investment opportunity in the heart of Allapattah along the 17 AV retail corridor, boasting an exceptional 1970s CBS construction that is hurricane proof. The site This 34-unit apartment bldg, situated on 34,318 sq.ft lot zoned T6-8-O w / parking space is prime for developers. This high density zoning of 150 du / acre, fantastic frontage of three streets allows for great circulation of ingress / egress, it is further enhanced with 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 with 1 bedroom and 1 bath, providing consistency and ease of mgmt
Property parameters
Living Area34318
Lot Size34318
Total Acreage0.000
Zoning InformationT6-8-O
Maximum Leasable Size34318
Year Built1970
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
Street DirectionNorth West
Listed withFausto Commercial Realty Consultants Inc