305-613-4507
300 SW 109th Ct, Miami, FL for Sale
Storefront Retail/Residential - FOR SALE
1/10
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300 SW 109th Ct
Miami, FL 33174


HIGHLIGHTS

  • Highly desirable location with limited development sites nearby and strong rental fundamentals
  • Covered land providing income, which reduces risks while planning for development
  • One of the last developable lots of significant size in the submarket
  • Close proximity to FIU campus and FIU College of Engineering & Computing as well as other amenities

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FIU 109th Avenue Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,551 SF

ZONING

C

APN/PARCEL ID

25-4006-008-0090

ASK ABOUT THIS PROPERTY

Virgilio FernandezColliersMore Info
305-613-4507

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Virgilio FernandezColliersMore Info
305-613-4507

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