1910 NW 17th Ave - Allapattah Land Development Opportunity
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1910 NW 17th Ave - Allapattah Land Development Opportunity
0.36 Acres of Commercial Land Offered at $4,200,000 in Miami, FL 33125
Investment Highlights
- Ground Floor Opportunity
- In Place Income
- City Approved Plans
- Location, Location, Location
Executive Summary
GROUND FLOOR OPPORTUNITY!
1910 NW 17th Avenue is a 15,792 square foot parcel in the heart of Miami’s burgeoning Allapattah neighborhood. The subject property is adjacent to Miami’s Health Care District, and minutes from Wynwood, the Design District, and Marlin’s Stadium. Zoned T6-8-0, the Primary Uses permitted include Multifamily Apartment Buildings, Inns, Hotels, Short Term Rentals, and Condominiums, to name a few.
APPROVED PLANS
Plans for a new Eight Story, 66,894 square foot Apartment Building have already been submitted to the City of Miami for approval. Completed Construction and Permit Drawings will be delivered to the new owner and are included in the price. The approved design consists of secured, ground floor parking, a Private Lobby and Atrium, Front Desk, Elevators, Pool, and 77 apartments.
IN PLACE INCOME!
There is currently a retail outlet on the site generating $6,000 per month to offset carrying costs. Tenant can be removed with 90-day notice.
LOCATION, LOCATION, LOCATION
This sizable parcel fronts on three streets with the primary entry on 17th Avenue. Parking is accessed from 19th and 20th Street. Numerous sites in the area are being developed taking advantage of this central location and the ever-expanding Miami metropolis.
1910 NW 17th Avenue is a 15,792 square foot parcel in the heart of Miami’s burgeoning Allapattah neighborhood. The subject property is adjacent to Miami’s Health Care District, and minutes from Wynwood, the Design District, and Marlin’s Stadium. Zoned T6-8-0, the Primary Uses permitted include Multifamily Apartment Buildings, Inns, Hotels, Short Term Rentals, and Condominiums, to name a few.
APPROVED PLANS
Plans for a new Eight Story, 66,894 square foot Apartment Building have already been submitted to the City of Miami for approval. Completed Construction and Permit Drawings will be delivered to the new owner and are included in the price. The approved design consists of secured, ground floor parking, a Private Lobby and Atrium, Front Desk, Elevators, Pool, and 77 apartments.
IN PLACE INCOME!
There is currently a retail outlet on the site generating $6,000 per month to offset carrying costs. Tenant can be removed with 90-day notice.
LOCATION, LOCATION, LOCATION
This sizable parcel fronts on three streets with the primary entry on 17th Avenue. Parking is accessed from 19th and 20th Street. Numerous sites in the area are being developed taking advantage of this central location and the ever-expanding Miami metropolis.
Property Facts
1 Lot Available
Lot
Price | $4,200,000 | Lot Size | 0.36 AC |
Price Per AC | $11,614,530 |
Price | $4,200,000 |
Price Per AC | $11,614,530 |
Lot Size | 0.36 AC |
15,752 Square Foot Lot Zoned T6-8-0 in Miami, FL
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
Parcel Number | 01-3134-011-0010 | Improvements Assessment | $137,735 |
Land Assessment | $1,575,200 | Total Assessment | $1,712,935 |
PROPERTY TAXES
Parcel Number
01-3134-011-0010
Land Assessment
$1,575,200
Improvements Assessment
$137,735
Total Assessment
$1,712,935
zoning
Zoning Code | T6-8-O |
T6-8-O |
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1910 NW 17th Ave - Allapattah Land Development Opportunity
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