5434 NE Miami Ct, Miami FL 33137
Commercial Land at COMMERCIAL CENTER in Miami
$790,000
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null, Commercial Land
Details
Overview
Description
T5-O development site at the Wynwood / Edgewater / Design District / Magic City crossroads 6,750 SF corner lot in Federal Opportunity Zone with approved 10-unit shovel-ready plans included, plus a Live Local Act upside pathway to 23 units or more. Three-tier density structure gives developers optionality: 10 units by-right (floor), 18 units via Public Benefits Trust Fund density (base case), or 23 units or more via Live Local Act administrative approval (upside). Live Local eligible per City of Miami's published transect list, with applicable property tax exemption on affordable units. Adjacent to Magic City Innovation District. Buena Vista East / Little Haiti. Massive population increases in Wynwood, and Edgewater from 2015 to 2024, with 11,500 units delivered combined. Approved plans eliminate 12 to 18 months of typical entitlement timeline.
This home located at 5434 NE Miami Ct, Miami FL 33137 is currently for sale and has been available on Brickellsold for 43 days. This property is listed at $790K. It has N/A beds, N/A bathrooms, and is N/A square feet. 5434 NE Miami Ct, Miami FL 33137 is in Miami county Miami-Dade County.
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- Subdivision: COMMERCIAL CENTER
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