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.