Available For Sale - Land

5,500 SF | Show Pricing $

LISTED BY

Agustin Duarte
RE/MAX 360 Real Estate, 305-450-5992

AVAILABILITY DETAILS

Size
5,500 SF
Price/SF
Show Pricing $
Listing ID
SA537756
Notes
The properties consist of four vacant lots ( 0131130000370, 0131130630110, 0131130560090 ) , "Little River " subdivision of Miami FL. The lots have similar zoning allowing for more density on the T5 lots and less on the T3. Combined, the lots total 27,080 ft of land with the potential "by right" to build twenty-three units. The owners' vision is that of a loosely tied "Townhome Enclave".

All of the lots are centrally located,The properties consist of four vacant lots ( 0131130000370, 0131130630110, 0131130560090 ) , "Little River " subdivision of Miami FL. The lots have similar zoning allowing for more density on the T5 lots and less on the T3. Combined, the lots total 27,080 ft of land with the potential "by right" to build twenty-three units. The owners' vision is that of a loosely tied "Townhome Enclave". All of the lots are centrally located, within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% prior to 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and 2023 volume totaling $170 million, still, this remains elevated relative to pre-pandemic levels.
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
Agustin Duarte, RE/MAX 360 Real Estate