Description
Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. This property is located in central Miami, Florida. Convenient access on NW 22nd Avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. Currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). In order to maximize the density, the County requires 12.5% of the units to be workforce housing, between 80% and 120% of AMI. Additionally, the site plan currently carries an approved retail component on the first floor of the building.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. This property is located in central Miami, Florida. Convenient access on NW 22nd Avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. Currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). In order to maximize the density, the County requires 12.5% of the units to be workforce housing, between 80% and 120% of AMI. Additionally, the site plan currently carries an approved retail component on the first floor of the building.
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