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Property Description

Civic Center/Allapattah corner development site in rapidly developing neighborhood. 21,450 sf lot with T-6-8-O zoning, which permits for up to 8 stories, 73 units by right & 147 w/benefits program or hotel/lodging use, retail office & hotel uses allowed, and more. Income in place, current tenants pay $10,000 gross rents per month and are on a month to month basis. Multiple projects in close proximity being built by well known local developers such as Neology, CFH Group, 1111, and more. The site is ideal for res development as it is walking distance from Miami’s largest employment engine, the Civic Center Hospitals Complex; and also benefits from affordability zoning benefits such as deferred impact fees, reduced parking, easy access to downtown and local highways.

Address Map
FL
Miami-Dade County
Miami
33125
1690 NW 19th Ter
W81° 46' 37.5''
N25° 47' 37.1''
MLS Addon
1
Sale
$31,401
6100
0
06/10/2023 02:14:16

1690 NW 19th Ter, Miami, Florida 33125

$3,600,000
14,300 size sq.ft.
Listing ID #A11455015
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11455015
Price $3,600,000
Year Built 1953
Days on Market 18
Building Area 6,354 Sqft
Status Active
Property SubType Office
Lot Area 14,300 Sqft
List Date 2023-10-06
On Market Date 18/09/2023
Elena Beck
MiamiInvestrealty
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