895 NW 45th Ave
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895 NW 45th Ave
0.3 Acres of Commercial Land Offered at $2,000,000 in Miami, FL 33126
Investment Highlights
- Centric urban multifamily project near Miami Intl Airport - one of the largest employers
- Project Approved - Impact fees, permit fees already paid by Seller
Executive Summary
A very uniquely designed “shovel-ready” land development opportunity in Flagami to build a 19-unit multifamily building is now available. This site includes 19 market rate units with parking provided. The 1 bedrooms range from 550-650 SF. An alternative strategy, would be to push for the lodging use approval, one can get licensure to operate this for short-term rental. Plans are fully permitted - impact and permit fees are paid, plans stamped and approved for developers to begin on day 1. It is centric to the City of Miami with so many great amenities accessible; to the NE is the Inter Miami CF stadium, 58-acre public park, and entertainment district at Miami Freedom Park scheduled to open in May 2025. This is a year-round destination spot. The recreational project will be the largest new park in Miami, soccer and youth athletic fields for the community, a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants and additional experiences and attractions for residents just minutes NE of the site. Further, its located near the bustling Miami Intl Airport, Wynwood, Design District, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.
Property Facts
| Price | $2,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Property Type | Land |
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.30 AC |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 0.30 AC |
| Price Per AC | $6,644,518.27 |
| Price | $2,000,000 |
| Price Per AC | $6,644,518.27 |
| Lot Size | 0.30 AC |
“Shovel-ready” land development opportunity in Flagami to build a 19-unit multifamily building
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 01-3132-006-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $433,952 |
PROPERTY TAXES
Parcel Number
01-3132-006-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$433,952
zoning
| Zoning Code | T5-R (zoning district in Miami, Florida that does not qualify for the Live Local Act because it does not allow mixed use) |
| T5-R (zoning district in Miami, Florida that does not qualify for the Live Local Act because it does not allow mixed use) |
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895 NW 45th Ave
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