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521 NW 12th Ave
Miami, FL 33136

Land For Sale · 0.52 AC

Investment Highlights

  • Units can be Doubled as compared to what normally would be permitted by right
  • Up to 85% in parking requirement reductions are available: 35% by Right
  • Option to develop 148 keys or lodging units

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Apartment Units
  • General Freestanding
  • Hotel
  • Storefront, Retail or Office
Total Lot Size 0.52 AC

Description

Located in Little Havana, on 12 ave which runs the intersection of Brickell, Downtown, Coral Gables and Civic Center & connects directly to major highways I-95 and 836. This connective location is particularly important in a time when people seek urban locations with easy access to their sources of employment and entertainment. This site fronts major magnet schools, 2 blocks from the civic center - Miami’s largest employment engine, & walking distance from the growing river entertainment district. T-6-8-O zoning allows for mixed-use zoning including 74 Buildable Units (148 if Hotel or Affordable) + Retail + Office + Mixed-Use. The next boom of development will not be in Miami’s saturated luxury condo valleys, but in the next layer of Miami’s urban core, where the backbone of our creative and working classes lives, and where the great insatiable demand is. Little Havana is centric to all major employment centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an incredibly attractive amenity. As Miami’s population swells, this neighborhood is its next ground zero for development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-4102-005-0410
  • 01-4102-005-0390
  • 01-4102-005-0420
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,942,356

zoning

Zoning Code T6-8-O (Mixed Use)
T6-8-O (Mixed Use)
  • Listing ID: 24085235

  • Date on Market: 9/13/2021

  • Last Updated:

  • Address: 521 NW 12th Ave, Miami, FL 33136

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