1190 NW 55th St 0.48 Acres of Commercial Land Offered at $1,849,737 CAD in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- 20,729 SF Mixed Use Corner Site - Great Visibility and Accessibility
- High Density Potential - Live Local Act allows more than 250 units per acre and up to 8 stories
- Bus Stop conveniently located in front of the site
- Zoned T5 - allows 65 units per acre
- 120 feet Frontage on NW 12th Ave and 175 feet along NW 55th Street
- Close to the Miami Health Center, Wynwood, Magic City
EXECUTIVE SUMMARY
OWNER FINANCING - at very encouraging terms.
Situated at the northeast corner of NW 12th Avenue and 55th Street in Liberty City, this location is in close proximity to the Miami Health Center, Wynwood, and Magic City. There is potential for assemblage, increasing the total area to 35,000 square feet.
**Bring all offers!**
PROPERTY FACTS
| Price | $1,849,737 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.48 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,849,737 CAD |
| Price Per AC | $3,887,047.38 CAD |
| Lot Size | 0.48 AC |
MOTIVATED SELLER!!! 20,729 Sf Corner Mixed Use T-5 Miami 21 zoning classification which allows 65 units per acre. 120 sf frontage on NW 12th Avenue and 175 Sf frontage throughout 55th Street. Live Local Act allows more than 250 units per acre.
DESCRIPTION
**Motivated Seller!** This prime corner Mixed-Use property spans 20,729 square feet and is zoned T-5 Miami 21, allowing for 65 units per acre. The site features 120 feet of frontage on NW 12th Avenue and 175 feet along 55th Street. Under the Live Local Act, the property can accommodate more than 250 units per acre with the potential for up to 8 stories and market rents are compatible. A bus stop is conveniently located in front of the site. Situated at the northeast corner of NW 12th Avenue and 55th Street in Liberty City, this location is in close proximity to the Miami Health Center, Wynwood, and Magic City. There is potential for assemblage, increasing the total area to 35,000 square feet. **Bring all offers!**
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $134,121 CAD |
