MLS # :A11580564 |
Price :$1,550,000 |
Status :
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Listing Date :May 02, 2024 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1954 |
Taxes :Not Available |
Waterfront :No |
Virtual Tour : |
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Remarks :An opportunity to purchase a free-standing retail building on one of the most trafficked areas of W Dixie HWY, one of Miami’s busiest streets. Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre, allowing for a max of 32 units on this site. Currently grossing about $84,000 this property is best seen as a soli1d covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive. |
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