1227 Sw 3rd St, Miami, Florida, United States | Residential Land For Sale at GLOBAL LISTINGS

Report Listing

Residential Land For Sale

$1,200,000

1227 Sw 3rd St
Miami, Florida, United States

Listed By: Realtyww Info

Listed On: 06/18/2023

Listing ID: GL10005137 View More Details

Description

An exceptional covered land play on 7, 500 sf site with T5-L zoning with 5 income producing apartment units. Consisting of a main house of 3-bedroom 1 bath, 2: 2 bed 1 bath units, and 2 studios, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. If using affordable housing density bonuses; and allowing for a multitude of mixed uses including retail, residential, hospitality, office and more. But, with recently passed Live- Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents.

For more details:

Listed by: Fausto Commercial Realty Consultants Inc