Development opportunity on a 8,880 Sqft Lot in the heart of Edgewater, Miami. Conveniently located between Biscayne Blvd and Biscayne Bay. Land Use per Miami21 calls for Zone T6-36A-L. The T6 zone has the greatest number and variety of uses. Limited (L) single family, multifamily residences, Hotels, Bed & Breakfasts, and Inns, Office space permitted in a limited capacity. Proposed Site Study (attachments) with 29 units with 21,080 rentable area. Next door lot to the East, a bit smaller (8,325) was successfully developed into a 6 story 20 unit condo built in 2004. Great Land Play as property is currently operating as a triplex consisting of 3/2, 2/1 and 1/1 generating $4,800/month on month to month agreement. Do not disturb tenants, please schedule showings with agent.
- Address 459 NE 25th St
- City Miami
- County Miami-Dade County
- Zip 33137
- Price $1,990,000
- Status Closed
- Subdivision Wofford & Johnsons Resub
- Pets Allowed No
- MLS® # A11068203
- Property Type Land
- Property Sub TypeResidential
- Status Closed
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $44,625
- Tax Year 2020