This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
845 NW 12th St - Highland Park Residences
0.5 Acres of Commercial Land Offered at $6,900,000 in Miami, FL 33136
Investment Highlights
- Located in the second-largest health district in the U.S.
- Located in close proximity to the Metrorail and Metromover.
- Proximity to I-95 and SR-836, the location has unmatched north-south and east-west accessibility
- Located a few blocks away from River Landing, a luxurious mixed-use project comprised of 2 million square feet of retail and multifamily
- Immediate access to Downtown Miami and Brickell as well as many amenities
Executive Summary
Data Room Click Here to Access
Property Facts
| Price | $6,900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.50 AC |
| Price | $6,900,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.50 AC |
1 Lot Available
Lot
| Price | $6,900,000 | Lot Size | 0.50 AC |
| Price Per AC | $13,800,000.00 |
| Price | $6,900,000 |
| Price Per AC | $13,800,000.00 |
| Lot Size | 0.50 AC |
The Highland Park Residences is a prime 0.5-acre development site in the Miami Health District, the second-largest medical district in the U.S. This location offers access to major highways and is near Wynwood, Downtown Miami, Brickell,Edgewater.
Description
As the exclusive listing broker, Colliers is pleased to present an exceptional opportunity to acquire Highland Park Residences — a prime 0.5-acre (22,066 SF) shovel-ready development site just a few blocks from the historic Miami River, located in the Miami Health District, the second largest medical district in the U.S. This prime location offers easy access to major highways and is in close proximity to Wynwood, Downtown Miami, Brickell, Edgewater, South Beach, LoanDepot Park, and Miami International Airport. The site is a vacant corner lot at the intersection of NW 12th Street and NW 8th Avenue, strategically positioned within a short walk from the Culmer Metrorail station and the future Underdeck Project. This transformative mile-long linear public space, set for completion in 2026, will foster community, bridge neighborhoods and cultural assets, and reconnect Overtown with the heart of downtown Miami. The property is zoned T6-8-O, allowing for dense and flexible mixed-use development. Ownership has secured ASPR approval and fully permitted construction drawings for a 73,000 SF, 79-unit rental project.
PROPERTY TAXES
| Parcel Number | 01-3135-019-2300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,072,678 |
PROPERTY TAXES
zoning
| Zoning Code | T6-8-O (The property allows for dense, flexible mixed-use development with significant potential for increased density and tax benefits through options) |
| T6-8-O (The property allows for dense, flexible mixed-use development with significant potential for increased density and tax benefits through options) |
Presented by
845 NW 12th St - Highland Park Residences
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.