$427,770
Exceptional opportunity for investors, developers, and builders to acquire a 13,200 SF (0.30-acre) development site in a highly desirable location. This vacant parcel offers significant upside potential with current zoning allowing for the development of up to 4 residential units, making it an attractive investment for those seeking to capitalize on the area's continued growth and demand.
Strategically located in a strong market, this property benefits from excellent accessibility, visibility, and proximity to major transportation corridors, shopping, dining, employment centers, and residential communities.
The property's current land use is Commercial, with a primary zoning designation permitting Multifamily Residential Development (4 Units). Experienced developers may wish to explore additional development possibilities, density enhancements, zoning modifications, or variance opportunities, subject to municipal approvals. Buyers should consult with their architect, engineer, land-use attorney, and general contractor to verify all development options and maximize the property's potential.
Whether you are looking to build multifamily residences, secure a land bank investment, or pursue a value-add development strategy, this property offers a compelling combination of location, flexibility, and long-term appreciation potential.
Highlights:
13,200 SF (0.30 Acres) of vacant land
Multifamily zoning allowing 4 residential units
Commercial land use designation
A12033905
MLS
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33161
Zip Code
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Povoa Gardens Sec 1 BLDG.
567 Ne 150th St, Miami