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932 NW 70th St - Casa. Be -Investment and Development

0.16 Acres of Commercial Land Offered at $595,000 in Miami, FL 33150

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Investment Highlights

3 blocks from I-95
Strategic location

71st Street Corridor nearby
A prime development opportunity

Executive Summary

Opportunity for investors and developers to build a 5-unit residential building with 5 bedrooms and 3 bathrooms in the City of Miami. Final Permit stage allows for construction to start upon acquisition. Income producing property on site.

Casa.Be Spec Sheet

Property Facts

Price	$595,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Redevelopment Project	Total Lot Size	0.16 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$595,000
Sale Type	Investment
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units
Total Lot Size	0.16 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$595,000	Lot Size	0.16 AC
Price Per AC	$3,624,932.22

Price	$595,000
Price Per AC	$3,624,932.22
Lot Size	0.16 AC

Description

Corner Lot 7,150 sq.ft offering immediate income with an existing 1,444 sq.ft single family home. Zoned T4-L with a project currently in the final approval stage with the City of Miami and Miami Dade County of 5 Units of 5 beds/3 baths. Opportunity for investors and developers to build a 5-unit residential building with 5 bedrooms and 3 bathrooms in the City of Miami. Final Permit stage allows for construction to start upon acquisition. Income producing property on site. Call or text listing agents Raymond and Julie Ray 305-989-9550

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zoning

Zoning Code	T4-L (T4-L)
T4-L (T4-L)

Listing ID: 31095488
Date on Market: 3/1/2024
Last Updated:
Address: 932 NW 70th St, Miami, FL 33150

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932 NW 70th St, Miami, FL for sale Primary Photo- Image 1 of 4 — NDA_CASABE_C00001

932 NW 70th St, Miami, FL for sale Building Photo- Image 2 of 4 — NDA_CASABE_c0002_2

932 NW 70th St, Miami, FL for sale Building Photo- Image 3 of 4 — 932 NW 70 ST

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