PRIME MIAMI RIVER ASSEMBLAGE 45,000+ SF T6-8 ZONING COVERED LAND PLAY >>> Unrivaled urban development opportunity steps from the Miami River district! Presented by Eleventrust, this strategic assemblage combines 5 contiguous parcels totaling 45,000+ SF of prime land in a top growth corridor. ===… Read More COVERED LAND PLAY WITH IMMEDIATE UPSIDE: Features 47 residential units with a diverse unit mix, offering steady income while plans are finalized. Existing operations hold immense upside, with potential gross revenue exceeding $1,000,000+ by adjusting below-market rents to active market rates. === REDEVELOPMENT POTENTIAL: Zoned T-6-8 under Miami 21, this site is ideal for high-density multi-family, hotel, or mixed-use projects. Positioned in the path of growth with seamless connectivity to Brickell, Downtown, and the Health District. === KEY HIGHLIGHTS: [1] Site Area: 45,000+ SF (5 Parcels) [2] Zoning: T-6-8 (Miami 21 Core) [3] Income Upside: Potential exceeding $1M Gross Income by aligning rents to market [4] Strategy: Covered land play in a rapidly appreciating submarket. Read Less
Courtesy of Eleventrust LLC 305-900-3374
Listing Snapshot
Days Online
26
Last Updated
Property Type
Multi Family
Square Ft.
29,039
Lot Size
1.03 Acres
Year Built
1971
MLS Number
A12090154
Additional Details
Building
Built in 1971, Toal building area: 29039, 6 total units
Lot
1.03 acres
Property
Zoning: 4601
Sewer
Public Sewer
Tenant Pays
Electricity, Interior Electric
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