1401 NE 123rd Street North Miami, FL 33161

$3,500,000
0.51
Acres
$3,500,000
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0.51 acres strategically located on NE 123rd St, North Miami.The property is designated as R6 Zoning, High-Density Residential on FLUM, and located within the North Miami Transit Station Overlay District; this allows for 150 dwelling units/acre, 200 feet building height limit, and multiple potential uses, ranging from residential multi-family, retail, office to mixed-use. Proximity to the planned expansion of railway infrastructure provides a highly attractive investment opportunity due to potential synergies.The property can be rented while under development to continue its current use as a car service center.Available upon request: Zoning Verification, Survey, and Environmental Report.

0.51 acres strategically located on NE 123rd St, North Miami.The property is designated as R6 Zoning, High-Density Residential on FLUM, and located within the North Miami Transit Station Overlay District; this allows for 150 dwelling units/acre, 200 feet building height limit, and multiple potential uses, ranging from residential multi-family, retail, office to mixed-use. Proximity to the planned expansion of railway infrastructure provides a highly attractive investment opportunity due to potential synergies.The property can be rented while under development to continue its current use as a car service center.Available upon request: Zoning Verification, Survey, and Environmental Report.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    22
  • Tax Amount
    $7,209
  • Status
    Active
  • Listing #
    F10283094
  • Built
    1968
  • Lot Size
    0.51
  • Listed on site
    45 days

Listed by:
EXP Realty LLC

Source:
Greater Fort Lauderdale Realtors

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Property details

Community Features

  • No HOA

Waterfront

  • Water Access

Exterior features

  • No Pool

Interior Features

  • Heat Electric

Financing

  • Cash
  • Conventional Financing
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