House in Miami, Florida 4 bedrooms, 249.63 sq.m. № 2187311

Property description

PRIME T6-8-O DEVELOPMENT SITE across from the new SOHO HOUSE in Miami. Covered land opportunity with incredible modern buildings. 120 NE 25th St is offered at land value pricing, with zoning, location, and future upside. Existing modern residence providing optionality during planning, entitlement, long term hold, or redevelopment. Miami parcel report indicates approx. 7,651 sf land. Recent sale of abutting 133 NE 24th St (approx. 6,934 sf.) provides a direct land value comparable. Buyer may find the property is in TOD corridor, enjoys Live Local-related upzoning, and an active City of Miami approval regarding increased density allowance at the site. Buyer to verify zoning, density, uses, approvals, and development potential.