LOT SIZE 0.124 acres
MLS#A12061585
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONGRAND VIEW PARK
Property Description
Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. Site Plan/Warrant Approval for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $40,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.
Property Features
Property Type: Land - Residential
Lot Size: 0.12 Acres
Taxes: $10,527
Feature Descriptions
Crops Included Y/N: No
Directions: Sign on property. Dont both the tenants. See attached OM. No interest in JVs
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Lot: Central Business District, Less Than 1 Acre
Lot Dimensions: 50x108
Parcel#: 01-31-35-010-0250
Property Attached Y/N: No
Property Sub-Type: Residential
Sewer: Public Sanitation
Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
Water: Municipal Water
Listed By / Shown By
Listed By
Agency Name: Douglas Elliman
Agency Phone: 305-528-2424
Shown By
Agent Name: Shelli Cloninger
Agent Phone:
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 5,383.10 per month $3,983.76 Principal & Interest $877.25 Property Tax $522.08 Homeowner's InsuranceChange Payment Information
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1552 NW 15th Ave | MLS# A12061585
This land located at 1552 NW 15th Ave , Miami, FL 33125 is currently listed for sale with an asking price of $1,790,000. The property has approximately 0.12 Acres. Search Miami real estate on scloninger.realty100.com today.