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Key Details
Sold Price $1,200,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Northern Blvd Track
MLS Listing ID A11732843
Sold Date 05/23/25
HOA Y/N No
Annual Tax Amount $6,073
Tax Year 2024
Contingent No Contingencies
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Residential
Property Description
MOTIVATED SELLER! Don't miss the competitively-priced covered land play in Wynwood Norte.
This prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 24 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195, it currently consists of two units—a front 2/2, and a rear 1/1.
Rent both units for $5,000-$5,200/m while you develop plans.
$62,500 per buildable unit.
Needs TLC. No liens and No Violations! Renovate and use as 2 units in Airbnb for great returns OR build a 24-unit multifamily with no parking restrictions. Reach out to Robin Perez or Vicente Rodriguez for more information.
Location
State FL
County Miami-dade
Community Northern Blvd Track
Area 32
Exterior
Private Pool Yes
Building
Lot Description < 1/4 Acre
Faces North
Others
Tax ID 01-31-25-024-0860
Acceptable Financing Cash, Conventional, FHA 203(k), FHA
Listing Terms Cash, Conventional, FHA 203(k), FHA
Financing 1031 Exchange
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Bought with Fausto Commercial Realty Consultants Inc