Permit ready before June 30th: Develop 49 units in 9-story apartment building West of Wynwood, blocks to the UM Hospital District in Miami, FL. Develop by-right via the ‘Live Local Act’, 48 residential units plus one (1) commercial/office. As this site is in a ‘Transit Oriented Development’ (“TOD”) Area, it benefits from the cost savings of zero parking requirements. The location is within blocks of two metro-stations just north and south of the site along NW 12th Ave. Potential for over $1.1 mm in annual proforma revenue when developed, delivered & stabilized. Plans in process on 2nd round of submissions. Only $42,000/door land cost.
Permit ready before June 30th: Develop 49 units in 9-story apartment building West of Wynwood, blocks to the UM Hospital District in Miami, FL. Develop by-right via the ‘Live Local Act’, 48 residential units plus one (1) commercial/office. As this site is in a ‘Transit Oriented Development’ (“TOD”) Area, it benefits from the cost savings of zero parking requirements. The location is within blocks of two metro-stations just north and south of the site along NW 12th Ave. Potential for over $1.1 mm in annual proforma revenue when developed, delivered & stabilized. Plans in process on 2nd round of submissions. Only $42,000/door land cost.
Neighborhood
Type
County
Miami-Dade County
Area
West Of Wynwood
Tax Amount
$3,326
Status
Active
Listing #
A11928327
Lot Size
0.11
Listed on site
176 days
Listing Agent Id
3022095
Listing Agent Phone
305-582-2424