House in Miami, Florida 5 bedrooms, 203.83 sq.m. № 2028579

Property description

0.50+ ACRE STRATEGIC DEVELOPMENT SITE | INCOME-PRODUCING | NORTH MIAMI GROWTH CORRIDOR THE OPPORTUNITY Rarely does a contiguous ±22,000 SF parcel become available in the heart of North Miami’s rapid transformation zone. This is a premier opportunity for developers, investors, or land-bankers seeking a foothold in a high-appreciation corridor. THE STRATEGY: A PREMIUM “COVERED LAND PLAY” Unlike raw land, this asset offers immediate holding power and CASH FLOW. Existing income-producing structures provide consistent cash flow to offset taxes, insurance, and carrying costs while finalizing entitlements, plans, or permitting for a higher-density project. ZONING & POTENTIAL Current Zoning: RU-2 (Two-Family Residential). Significant potential for multifamily, boutique apartments, townhomes, or luxury residential compound concepts (Buyer to verify with City). The 22,000+ SF lot size offers a rare redevelopment footprint in a neighborhood dominated by smaller parcels. PRIME LOCATION HUB Strategically positioned minutes from Solé Mia, FIU North Campus, Aventura Mall, Biscayne Blvd, major transit links, and infrastructure expansion.