Land in Miami, Florida № 2454392

Property description

Oversized 7,100-square-foot T5-R development parcel in Miami's 33150 corridor, in the path of progress between Wynwood, Magic City, Little River, the Design District, and MIA Airport. Opportunity Zone. T5-R zoning allows significantly greater density and height than the existing structure, supporting a duplex, triplex, fourplex, or multi-unit project of up to 10 units (or 20 with workforce housing) and up to 5 stories. The lot includes an existing 3-bedroom, 1-bath home (916 sq ft), fully fenced and gated, and currently leased, so the parcel generates income while the buyer completes design and permitting. A true covered land play on a hard-to-find, oversized parcel in one of Miami's most actively appreciating pockets. Cash only. Bring your buyers.