Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Opportunity with Existing Cash Flow of $144K- generate solid income while development plans are approved. This site offers great visibility and exposure on major developing corridor nw 54 st an important east-west corridor. Property consist of two folios, 2930 SF building on 19000 SF mixed use T5O zoned lot. Zoning allows to build by right (65du/acre) which will allow to build 28 units with commercial on the ground floor located in Miami. Currently the site houses three fully remodeled residential units- 3BED/2BD, 2 BED/2 BATH; 1BED/1 BATH and an automotive dealership with multi bays. The neighborhood is a growing quickly rapidly in importance and is directly in the path of development and transformation, as all neighborhoods immediately to its east such as Little Haiti, Design district.

Address Details
FL
Miami-Dade County
Miami
33142
1235 NW 54th St
0
Other
35
: City Street
1
: Sale
$4,689
6101

Commercial Sale For Sale

1235 NW 54th St, Miami, Florida 33142

12,500 Sqft
$1,900,000
Listing ID #A11221730
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11221730
Price : $1,900,000
Year Built : 1948
Lot Area : 12,500 Sqft
Building Area : 18,750 Sqft
Status : Active
Property SubType : Retail
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