Retail

MIAMI 21 ,(MIMO AREA 2 ADJACENT LOTS 35% UNDER MARKET VALUE!!

8191 NE 3rd Pl, Miami, FL 33138

$4,500,000 After Repair Value -
$2,600,000 Asking Price -
$0 Cost of Repairs =
$1,900,000 Potential Profit

Property Details

Asking Price $2,600,000

After Repair Value $4,500,000

Costs of Repairs $0

Potential Profit $1,900,000

Living Area 27,136 SF ft2

Property Type Land

Bedrooms 1

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 0

Property Description

220 FEET OF FRONTAGE ALONG 82ND ST IN THE BOOMING LITTLE RIVER SUB-MARKET. THE LITTLE RIVER DEVELOPMENT IS JUST TWO (2) BLOCKS WEST OF BISCAYNE BLVD AND 2 BLOCKS SOUTH OF THE 79TH STREET CAUSEWAY.CURRENTLY APPROVED FOR 115 UNITS AND 16,497.58 SQUARE FEET OF GROUND FLOOR RETAIL SPACE. FEATURES DESIRABLE T6-8-O ZONING UNDER MIAMI 21, WHICH PROVIDES FOR DENSITY UP TO 8 STORIES AND 150 UNITS PER ACRE.SIMILAR PROPERTY BEING SOLD FOR $5,000,000 AND A CLOSED SALE WITHIN 3 BLOCKS FOR $10,000,000.

CONTACT LISTING OWNER

Claudia Swanes

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