4440 NW 27th Ave - Residential LAND FOR SALE


Miami, FL 33142 26,136 SF
$3,790,000 USD
305-582-2424
4440 NW 27th Ave, Miami, FL for Sale
$3,790,000 USD
Residential LAND - FOR SALE
1/11
26,136 SF

4440 NW 27th Ave
Miami, FL 33142


HIGHLIGHTS

  • MC-UC zoning, allows for 107 units by right - Opportunity Zoned Land
  • Land assemblage of 6 parcels totaling 60% of an acre
  • Blocks to Metrorail on 27th Ave just south of NW 54th Street (0.40 miles)
  • Equity & Debt Financing Available - e-mail to request detail info sheets
  • Rent at 120% of AMI which are in line with market rents
  • Sufficient parking reduction opportunities to achieve desired unit count

OVERVIEW

Full block frontage land development site zoned for up to 107 units in Miami, FL & an Opportunity Zone. This site stands apart for its unparalleled corner location abutting Brownsville's 27th Ave and the Brownsville metro rail transit corridor, this unique configuration makes it easily developable. Three street frontages make multiple entries possible and vastly simplify internal circulations. Nearly perfectly square shape make an efficient and cost-saving building design easily attainable. Current MC-UCD zoning allows for 107 units by right, additionally, workforce housing density bonuses can be used if the project has workforce or affordable housing. Great site for developing under the 120% AMI 30 year SB-102 program.

FOR SALE DETAILS

PRICE

$3,790,000 USD

PRICE/ACRE

$6,316,667/AC

PRICE/SF

$145 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Apartment Units, Apartment Units - Condo, Apartment Units - Senior

LAND ACRES

0.6 AC

LAND SF

26,136 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

MC-UCD

APN/PARCEL ID

30-3121-026-0930,30-3121-026-0940,30-3121-026-0950,30-3121-026-0960,30-3121-026-1210,30-3121-026-1230

ASK ABOUT THIS PROPERTY

Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

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

Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

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