Civic Center/Allapattah corner development site in rapidly developing neighborhood. 21,450 sf lot with T-6-8-O zoning, which permits for up to 8 stories, 73 units by right & 147 w/benefits program or hotel/lodging use, retail office & hotel uses allowed, and more. Income in place, current tenants pay $10,000 gross rents per month and are on a month to month basis. Multiple projects in close proximity being built by well known local developers such as Neology, CFH Group, 1111, and more. The site is ideal for res development as it is walking distance from Miamis largest employment engine, the Civic Center Hospitals Complex; and also benefits from affordability zoning benefits such as deferred impact fees, reduced parking, easy access to downtown and local highways.
- Address 1690 NW 19th Ter
- City Miami
- County Miami-Dade County
- Zip 33125
- Price $3,600,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11455015
- Property Type Commercial Sale
- Property Sub TypeOffice
- Status Active
- Square Feet
- Year Built 1953
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $31,401
- Tax Year