PRIME BUENA VISTA DEVELOPMENT OPPORTUNITY | CORNER LOT | T6-8-O ZONING | INCOME PRODUCINGAn exceptional opportunity for developers, investors, and visionary buyers to secure a strategically positioned corner lot in Miami’s highly desirable Buena Vista neighborhood. With land sales on the same block reaching approximately $1.1 million, this property presents… Read More compelling long-term investment and redevelopment potential.Zoned T6-8-O (Urban Core – Open), the property offers flexible mixed-use development possibilities, including multifamily residential, commercial, office, hospitality, or a combination of uses, with a base zoning allowance of up to 8 stories, subject to city regulations and approvals.What makes this opportunity especially attractive? Two existing rental cottages generate income while you plan your future development and pursue approvals. Enjoy the advantage of holding an income-producing asset today while positioning yourself for tomorrow's growth.Whether you're a local developer, international investor, or long-term landholder, this corner property offers the opportunity to establish a foothold in one of Miami's sought-after urban neighborhoods.Collect rent today. Develop tomorrow. Secure your place in Miami's future.Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, development capacity, and approvals. Read Less
Courtesy of Keller Williams Capital Realty 305-662-7325
Listing Snapshot
Days Online
9
Last Updated
Property Type
Duplex
Square Ft.
1,362
Year Built
1939
MLS Number
A12105223
Additional Details
Building
Built in 1939, Living area: 1362.0, 1 storey, Construction Materials: CBS
Community
2 units in community
Cooling
Central Air
Floors
Ceramic Tile
Heating
Separate Meters, Central
Income
Gross Income: $3,000
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131240021370, Annual Amount: $14,912, Legal Description: 23-24 53 41 BAY VISTA PARK PB 5-47 E1/2 LOTS 23 & 24 BLK 44 & 15FT OF ALLEY LYG ADJ CLOSED PER ORD 13492 LOT SIZE 5750 SQ FT M/L, Year: 2025, Zoning: 6100
Utilities
Cable Available
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