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Prime Covered Land Play: 12,000 SF High-Density T-5-0 Site with $8K Monthly Potential and Rapid-Renting 3-Bedroom Units Near Miami’s Hotspots

6229, Northeast 2nd Avenue, Little Haiti, Bayshore, Miami, Miami-Dade County, Florida, 33138, United States
  • Land development
  • Property Type
  • 12,000
  • Lot ft²
For Sale
Prime Covered Land Play: 12,000 SF High-Density T-5-0 Site with $8K Monthly Potential and Rapid-Renting 3-Bedroom Units Near Miami’s Hotspots
6229, Northeast 2nd Avenue, Little Haiti, Bayshore, Miami, Miami-Dade County, Florida, 33138, United States

Details

Updated on August 12, 2024 at 6:41 pm
  • Price: $1,999,000
  • Land Area: 12,000 ft²
  • Property Type: Land development
  • Property Status: For Sale

Description

An exceptional covered land play on a 12,000 sf site with T-5-0 mixed-use high density zoning with a with the potential to generate $8k per month which works as a strong covered land play for developers working towards site plan approval. Current plans submitted consist of 18 units consisting of 3 bedrooms. This market is suffering a crisis of housing, and with virtually 0% vacancy, these units will rent fast when built and rents will keep growing over time. The site benefits from great proximity to Miami’s Design district, Wynwood, Magic city, Midtown and Miami’s Civic center.

Property Documents

FLYERS - FAUSTOCOMMERCIAL-2
  • Address 6229, Northeast 2nd Avenue, Little Haiti, Bayshore, Miami, Miami-Dade County, Florida, 33138, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33138

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