1690 NW 19 Terr

1690 NW 19 Terr

PRICE

$3,600,000

Description

Civic Center/Allapattah Corner Development Site In Rapidly Developing Neighborhood. 21,450 sf lot with T-6-8-O zoning, which permits for up to eight stories, 73 by right and 147 with benefits program or hotel/lodging use, retail office and hotel uses allowed, and more. Income in place, current tenants pay $10,000 gross rents per month, and are on a month to month basis. Neighborhood is a development hotspot, with several projects in close proximity being built by well known local developers such as Neology, CFH Group, 1111, and more. The site is ideal for res development as it is walking distance from Miami’s largest employment engine, the Civic Center Hospitals Complex; and also benefits from affordability zoning benefits such as deferred impact fees, reduced parking, and double densities. Site also benefits from easy access to downtown and local highways.

Details

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Development Site
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LOT SIZE:
21,450
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Gallery

BROKERS

Name:

Carlos Fausto Miranda

Email:

cfm@faustocommercial.com

Phone:

3054312258