Colliers is pleased to present an opportunity to acquire a 0.77 acre development site ripe for student or workforce housing situated directly on 109 Avenue and a few blocks from the north edge of Florida International University’s main campus. The property currently features a multi-tenant retail center with 10 residential units on top which provides for stable income and reduces risk while planning for development.
The site allows for the development of a boutique student housing or workforce apartment project. It is zoned University City District (UC), which permits a density of 210 student housing units or a max of 840 beds per acre. Furthermore, the site permits a density of 105 workforce units per acre without considering any bonus density.