Available For Sale - Land

22,140 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
22,140 SF
Price/SF
Show Pricing $
Listing ID
SA430203
Notes
FA Commercial is pleased to present this exclusive listing; a three-lot site for development in the Edgewater District. The land is located near major hotspots of Miami such as Wynwood and the Design District, which are both experiencing exponential growth. This property is also sited in an opportunity zone, which offers great financial incentives



* The property consists of 3 adjacent folios with dimensions 160'w x 135'l

* T6-8-O Zoning allows for development of 76 apartment units or 152 hotel keys, and maximum height of 8 stories

* The land is located in an opportunity zone

* Monthly Rent (Gross Income) : 100 NE 23 St $2200, 112 NE 23 St $1000, 120 NE 23 St $2100

* Total Gross Income: $63,600

* Total Expenses: Yearly Taxes $43,808.94

* Folios: 01-3125-011-0300 ; 01-3125-011-0290 ; 01-3125-011-0280



View the offering memorandum: https://facommercial.com/propert...
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Fabio Faerman, FA Commercial