301 NW 37th St, Miami, FL 33127
sale
$1,250,000
|
Other
Courtesy Of 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty
PRIME BUENA VISTA DEVELOPMENT OPPORTUNITY | CORNER LOT | T6-8-O ZONING | INCOME PRODUCING An exceptional opportunity for developers, investors, and visionary buyers to secure a strategically positioned corner lot in Miami's highly desirable Buena Vista neighborhood. With land sales on the same block reaching approximately $1.1 million, this property presents compelling long-term investment and redevelopment potential. Zoned T6-8-O (Urban Core - Open), the property offers flexible mixed-use development possibilities, including multifamily residential, commercial, office, hospitality, or a combination of uses, with a base zoning allowance of up to 8 stories, subject to city regulations and approvals. What makes this opportunity especially attractive? Two existing rental cottages generate income while you plan your future development and pursue approvals. Enjoy the advantage of holding an income-producing asset today while positioning yourself for tomorrow's growth. Whether you're a local developer, international investor, or long-term landholder, this corner property offers the opportunity to establish a foothold in one of Miami's sought-after urban neighborhoods. Collect rent today. Develop tomorrow. Secure your place in Miami's future. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, development capacity, and approvals.
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Property Features
- Age: Over 50 Years Old
- Building Units: 2
- Exterior Type: Block
- Exterior Type: CBS (Concrete Block Structure)
- Floor Covering: Tile - Ceramic
- Floors: 1
- Legal Description: 23-24 53 41 BAY VISTA PARK PB 5-47 E1/2 LOTS 23 & 24 BLK 44 & 15FT OF ALLEY LYG ADJ CLOSED PER ORD 13492 LOT SIZE 5750 SQ FT M/L
- MLSID: A12106695
- Parking Spaces: 4
- Roof Type: Shingle
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