786-271-5598
1660-1690 NW 19th Ter, Miami, FL for Rent

Land - For Rent
1/6
21,450 SF | 1 Space

1660-1690 NW 19th Ter
Miami, FL 33125
Allapattah


HIGHLIGHTS

  • 0.5 acre prime development site in the health district
  • Zoning: T6-8-O
  • 150 units per acre by right
  • Located a few blocks away from River Landing, a mixed-use project comprised of 2 million square feet of retail and multifamily
  • Located in close proximity to the Metrorail and Metromover.
  • Proximity to I-95 and SR-836, the location has unmatched north-south and east-west accessibility

OVERVIEW

Versatile commercial space perfect for medical facilities, wellness centers, educational institutions, or professional offices. Situated on a corner lot, this expansive 6,144 SF building is located on a prime 0.5-acre (21,450 SF) development site near the Miami River. Nestled in the Miami Health District, the second largest medical district in the U.S., the property offers flexibility for a variety of business uses. Rent is negotiable with a starting ask of $35,000 per month, and open to offers. This space is adaptable for uses ranging from offices and schools to medical services and more. The location offers access to major highways and is in close proximity to Wynwood, Downtown Miami, Brickell, Edgewater, South Beach, as well as LoanDepot Park and Miami International Airport. The Health District consists of numerous medical clinics and research facilities and is the hub for Miami’s medical research. The site consists of two adjacent parcels located at the corner of NW 19th Terrace and NW 17th Avenue. It is strategically situated a short walk from the Miami Metrorail station and River Landing, a luxurious mixed-use project comprising 2 million square feet of retail and multifamily space. Currently, the properties feature approximately 6,144 SF of vacant office space as week as a ±800 SF single-family home, providing the potential for an income stream during the entitlement process. The property is zoned T6-8-O, allowing for dense and flexible mixed-use development. The current zoning allows for the development of 150 units per acre (69 units) and an FLR of 7 with a 30% bonus, equating to a maximum developable area of roughly 200,000 SF. The site qualifies for Live Local, allowing for significantly more density and tax benefits than by right zoning.

RENTAL DETAILS

SPACE AVAILABLE

21,450 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE LENGTH

Negotiable

AVAILABLE

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Multi-Family, Apartment Units, Health Care, Hold for Development, Hold for Investment, Medical, Unknown

LAND ACRES

0.49242 AC

LAND SF

21,450 SF

OFFSITE IMPROVEMENTS

-

ZONING

T6-8-O

APN/PARCEL ID

01-3135-005-2050, 01-3135-005-2060

ASK ABOUT THIS PROPERTY

Mitash KripalaniColliersMore Info
786-271-5598

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Mitash KripalaniColliersMore Info
786-271-5598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.