ActiveMLS# 1159903432148 days on market
$535,000
1224 NW 59
Miami, FL, 33142
0Bedrooms
0Bathrooms
—Sq Ft
—Year Built
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About This Property

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.

Property Details

  • Type: Land
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Status: Active
  • MLS Number: 1159903432
  • Days on Market: 148
  • Listed By: Miami Dream Properties Inc. · Natalie Duran
  • Zip Code: 33142
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$535,0001224 NW 59, Miami, FL
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