1224 NW 59, Miami, FL 33142
1224 NW 59, Miami, FL 33142
1224 NW 59, Miami, FL 33142
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$535,000
Est. payment /mo
5,227 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Orchard Villa Extension

MLS Listing ID A12017553

HOA Y/N No

Annual Tax Amount $3,560

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x103

Property Sub-Type Commercial

Property Description

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.

Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.

Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.

An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Location

State FL

County Miami-dade

Community Orchard Villa Extension

Area 31

Exterior

Utilities Available Water Available

Present Use Other

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer, Other

Water Public

Others

Restrictions Deed Restrictions

Tax ID 01-31-14-043-1240

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12017553


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Miami Dream Properties Inc.

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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1224 NW 59