1552 NW 15th Ave, Miami FL 33125
Residential at GRAND VIEW PARK in Miami
$1,500,000
Listing courtesy of Douglas Elliman; Brian Carter. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Residential, Commercial Land
Details
Overview
Description
Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $34,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.
This residential home located at 1552 NW 15th Ave, Miami FL 33125 is currently for sale and has been available on Brickellsold for 47 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. 1552 NW 15th Ave, Miami FL 33125 is in Miami county Miami-Dade County.
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Property
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Construction
Community & HOA
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- Subdivision: GRAND VIEW PARK
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