Commercial Real Estate

CommercialSaleMultifamilyFLMiami433, 37th St, Miami, FL, 33137

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 13148, 13148 sq ft
  • Year built: 1947
  • County: Miami-Dade
  • MLS ID: A11994018

Description

  • 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

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This -type commercial real estate is located in 433, 37th St, Miami, FL, 33137 was built in 1947, and is listed at $4,700,000.

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