About This Property

Prime R-6 multifamily-zoned oversized parcel in North Miami, situated between two similarly zoned properties currently operating as multifamily - reinforcing highest-and-best-use potential and possible assemblage value. Existing 3BR/2BA structure is safe and usable, ideal to remodel, rent, or hold while pursuing redevelopment. R-6 zoning permits multifamily residential development, including apartment buildings and townhome-style residences, with potential for approximately ~9 units. Located within approximately ½ mile of multiple active and approved multifamily and mixed-use developments, underscoring strong demand and density momentum in the area. Compelling land-value opportunity for developers or investors. Buyer to verify zoning, density, and all development parameters with the City of North Miami.

Key Features

• 16,875 SquareFeet Lot
• Built in 1927

Property Details

• Type: Single Family Home
• Year Built: 1927
• Lot Size: 16,875 sq ft
• Sq Ft: 2,020
• Price / Sq Ft: $396
• HOA: Contact Agent
• Bedrooms: 3
• Bathrooms: 2
• Feature: 16,875 SquareFeet Lot
• Feature: Built in 1927
• Status: Active
• MLS Number: 1150142901
• Days on Market: 102
• Listed By: MLS Listing
• Zip Code: 33161