1872 NW 24th St - 20 Unit Development with Plans
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1872 NW 24th St - 20 Unit Development with Plans
0.16 Acres of Commercial Land Offered at $1,350,000 in Miami, FL 33142
Investment Highlights
- Pre-Approved for 20 Plus Units
- Apartment rents in the area soar $2,500+ Month
- Urban Core Allapatah
- 2 Miles from Wynwood
Executive Summary
Shovel-ready, 20-unit development opportunity in the heart of Allapattah. This prime development site is located less than 2 miles away from the bustling Wynwood area. With permits in hand and plans ready to go, this is the perfect investment for developers looking for a low-risk project with a high upside. Allapatah is one of Miami's fastest-growing neighborhoods, offering both residential and commercial appeal. Don't miss out on this excellent investment opportunity!
Property Facts
| Price | $1,350,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Build to Suit | Total Lot Size | 0.16 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,350,000 |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,350,000 | Lot Size | 0.16 AC |
| Price Per AC | $8,231,707.32 |
| Price | $1,350,000 |
| Price Per AC | $8,231,707.32 |
| Lot Size | 0.16 AC |
Shovel-ready, 20-unit development opportunity in the heart of Allapattah. This prime development site is located less than 2 miles away from the bustling Wynwood area. With permits in hand and plans ready to go!
Description
Vacant level land well suited for multifamily development.
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 01-3127-038-0360 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,545 |
PROPERTY TAXES
Parcel Number
01-3127-038-0360
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,545
zoning
| Zoning Code | T5-L (Mixed-Use) |
| T5-L (Mixed-Use) |
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1872 NW 24th St - 20 Unit Development with Plans
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