Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 13148, 13148 sq ft
- Year built: 1947
- County: Miami-Dade
- MLS ID: A11994018
Description
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Description:
19 53 42 BUENA VISTA BISC BADGER CLUB COS LOT 17 LESS PORTION LYING IN R/W PB 1-115 LOT SIZE IRREGULAR OR 16289-1058 0394 1 Brand New on Market / Sought after Development Area / These properties are considered landmarks in Old Miami / Properties are located at the intersection between Midtown, The Design District, and the Upper East Side all very explosive areas for real estate sales & rentals / With the site having a strategic location at Edgewater & Midtown, both neighborhoods that have seen a massive influx of residential and mixed-use development becoming one of the most sought-after development markets in Miami / Property is Zoned T5-R with possibility of zoning change to T8-O / Also possible to use Workforce Affordable which include a lot of Developer Perks / Site may also qualify under Florida's Live Local Act which can unlock significant additional Density & Height with reduced parking requirements and expedited approvals / Both of these options would increase Density & Height / The site is comprised of 13,112 SF of land with two buildings totaling 9,946 SF producing income. All units are rented with long term tenants / Rents are way under market / Monthly rents are approximately $20,000. Gross Monthly / Owner Financing Available / Brightline Station coming soon to Biscayne & NE 38th St — adding significant transit value to this already prime location.
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Building Details
- Structure Type: Apartment,MultiFamily
- Covered Spaces: 0
Miscellaneous
- List Office Name: Modern World Realty
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 433, 37th St, Miami, FL, 33137 was built in 1947, and is listed at $4,700,000.