112 NE 23rd St - Commercial LAND FOR SALE
Miami, FL 33137 | 22,142 SF
$6,700,000 USD
786-262-9966
112 NE 23rd St
Miami, FL 33137
HIGHLIGHTS
- The property consists of 3 adjacent folios with dimensions 160'w x 135'l
- T6-8-O Zoning allows for development of 76 apartment units or 152 hotel keys, and maximum height of 8 stories
- The land is located in an opportunity zone
- Monthly Rent (Gross Income) : 100 NE 23 St $2200, 112 NE 23 St $1000, 120 NE 23 St $2100
- Total Gross Income: $63,600
- Total Expenses: Yearly Taxes $43,808.94
OVERVIEW
FA Commercial is pleased to present this exclusive listing; a three-lot site for development in the Edgewater District. The land is located near major hotspots of Miami such as Wynwood and the Design District, which are both experiencing exponential growth. This property is also sited in an opportunity zone, which offers great financial incentives.
FOR SALE DETAILS
PRICE
$6,700,000 USD
PRICE/ACRE
$13,182,114/AC
PRICE/SF
$303 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
76 Unit | Opportunity Zone Land | Edgewater
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Office, Multi-Family, Hotel, Self-Storage
LAND ACRES
0.51 AC
LAND SF
22,140 SF
OFFSITE IMPROVEMENTS
Water, Electricity
ZONING
T6-8 O
APN/PARCEL ID
01-3125-011-0280,01-3125-011-0290,01-3125-011-0300
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786-262-9966
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786-262-9966
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