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Commercial Real Estate

Commercial SaleOffice1690 NW 19th Ter, FL, 33125

Basics

Description

  • 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.

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Property details

  • Total Building Area: 6354
  • Lot Size Square Feet: 14300
  • Parcel Number: 01-31-35-005-2060
  • Lot Size Area: 14300
  • Structure Type: Hotel/Motel,Office

Property Features

  • Covered Spaces: 0

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 6100

Fees & Taxes

  • Tax Annual Amount: 31401
  • Tax Legal Description: BRADDOCKS SUB NO 4 PB 3-61 LOTS 27 THRU 30 BLK 7 & N1/2 OF ALLEY LYG S & ADJ CLOSED PER ORD 13492 LOT SIZE 14300 SQ FT M/L OR 15594-1254 079

Miscellaneous

  • Public Survey Section: 35
  • Syndication Remarks: Civic Center/Allapattah corner development site in a rapidly developing neighborhood. 21,450 sf lot with T-6-8-O zoning.

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This -type commercial real estate is located in 1690 NW 19th Ter, FL, 33125 was built in 1953, and is listed at $3,600,000.

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