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6535 NW 6th Ave - Permit Approved Land for 8 Townhomes

0.16 Acres of Commercial Land Offered at $1,123,714 CAD in Miami, FL 33150

Investment Highlights

  • Permit approved to develop 8 townhome units of 4-stories
  • Opportunity Zoned Land Site
  • 15 to 20 minutes to South Beach or MIA
  • Approved for 8 folio #'s, 8 FP&L & 8 W/S meters.
  • Covered Land Play as rented through April 2024
  • Easy access via the NW 69th Street exit from I-95 South Bound

Executive Summary

Douglas Elliman Real Estate presents “Chateau Maison De Ville” an 8 unit, 4-story permit approved townhome development with 12 parking spaces. Approved for 8 folio #'s, 8 FP&L & 8 water meters. Located in an Opportunity Zone & the path of development just off I-95 & NW 69th Street and just north of NW 62nd Street accessible from Magic City Developments at 6535 NW 6th Ave, Miami, FL. Within a short distance one may be in Wynwood, the Design District, Magic City, Little River, Miami Shores Downtown or the MIMO District for shopping, dining, entertainment, or business. Post gaining the certificate of occupancy (“CO”), potential to use development as 12-unit rental building. Enticing covered land play with a recently renovated home leased at $2,600/month until April 2024. Have income while you hold for development and possibly increase current rents.

Property Facts

Price $1,123,714 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.16 AC
Opportunity Zone Yes

1 Lot Available

Lot 1

Price $1,123,714 CAD
Price Per AC $6,894,202 CAD
Lot Size 0.16 AC

Permit Approved Development Site for 8 townhomes (for sale or rent), 8 folio #'s & 8 FP&L & W/S Meters. Plans offered with land/development site. Plans and Renderings by Urbanica Architects & Planners.

Description

Douglas Elliman Real Estate presents “Chateau Maison De Ville” an 8 unit, 4-story permit approved townhome development with 12 parking spaces. Approved for 8 folio #'s, 8 FP&L & 8 W/S meters. Located in an Opportunity Zone & the path of development just off I-95 & NW 69th Street and just north of NW 62nd Street accessible from Magic City Developments at 6535 NW 6th Ave, Miami, FL. Within a short distance one may be in Wynwood, the Design District, Magic City, Little River, Miami Shores Downtown or the MIMO District for shopping, dining, entertainment, or business. Post gaining the certificate of occupancy (“CO”), potential to use development as 12-unit rental building. Enticing covered land play with a recently renovated home leased at $2,600/month until April 2024.

zoning

Zoning Code T5-R (T5-R: Plans approved for 8 townhomes, 8 folio #'s, 8 FP&L & W/S meters.)
T5-R (T5-R: Plans approved for 8 townhomes, 8 folio #'s, 8 FP&L & W/S meters.)
  • Listing ID: 29083773

  • Date on Market: 2023-07-23

  • Last Updated:

  • Address: 6535 NW 6th Ave, Miami, FL 33150

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