1552 NW 15th AVE, Miami, FL 33125
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5,227 Sqft Lot


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5,227 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Grand View Park

MLS Listing ID A12061585

HOA Y/N No

Annual Tax Amount $10,527

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x108

Property Sub-Type Unimproved Land

Property Description

Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $40,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.

Location

State FL

County Miami-dade

Area 2310

Direction Sign on property. Don't both the tenants. See attached OM. No interest in JVs

Region Miami

City Region Miami

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family,Unimproved

Street Surface Paved

Road Frontage Public Road

Building

Lot Description Central Business District

Sewer Public Sewer

Water Public

Schools

Elementary Schools Paul Laurence Dunbar K-8

Middle Schools Citrus Grove

High Schools Booker T. Washington

Others

Pets Allowed No

Tax ID 0131350100250

Acceptable Financing Cash

Listing Terms Cash

BeachesMLS, Inc. (FLR) VOW
Listed by Brian T Carter Douglas Elliman
Mario Taormina

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 235-9144

mario@mariotaormina.com

122 W Pine St, Orlando, FL, 32801-2647, USA

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1552 NW 15th AVE

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