Ericksons, 233 NW 14th Ter

$410K8.5%
$375,000
0.12
Acre
Status
Sold - Sep 24, 2021
Size
0.12 Acres (488 m2)
Price
$3,125,000/Acre ($769/m2)
Type
Land
MLS Number
A11088291
On Site
1848 Days
Updated
18 Days ago
Page Views
0
Opportunity Zone. Mixed Use. 5,250 sqft. T-5-L. City will allow up to 9 units if rehabbing a property within 3 miles. 7 Units by right. Possible to get a grant from the CRA for construction of affordable units. 2 blocks from Miami's innovation district under development. Lot's of new construction in the area. Some of the lowest flood risk in Miami. Lil Greenhouse Grill one block away. Current parking reduction of 20% by right. Water and sewer connection. Directly across the street the city is building the Meet Me At The Bridge park/development. Renderings of possible project as well as rental income projections in the attachment. (Rental income projections based on traditional project not with grants from the CRA). Possible to purchase the lot next door as well at 225 NW 14th ter.

Features

All features
  • Property SqFt: 5250
  • Remarks: Opportunity Zone. Mixed Use. 5, 250 sqft. T-5-L. City will allow up to 9 units if rehabbing a property within 3 miles. 7 Units by right. Possible to get a grant from the CRA for construction of affordable units. 2 blocks from Miami's innovation district under development. Lot's of new construction in the area. Some of the lowest flood risk in Miami. Lil Greenhouse Grill one block away. Current parking reduction of 20% by right. Water and sewer connection. Directly across the street the city is building the Meet Me At The Bridge park/development. Renderings of possible project as well as rental income projections in the attachment. (Rental income projections based on traditional project not with grants from the CRA). Possible to purchase the lot next door as well at 225 NW 14th ter.
  • Internet Remarks: Opportunity Zone. Mixed Use. 5, 250 sqft. T-5-L. City will allow up to 9 units if rehabbing a property within 3 miles. 7 Units by right. Possible to get a grant from the CRA for construction of affordable units. 2 blocks from Miami's innovation district under development. Lot's of new construction in the area. Some of the lowest flood risk in Miami. Lil Greenhouse Grill one block away. Current parking reduction of 20% by right. Water and sewer connection. Directly across the street the city is building the Meet Me At The Bridge park/development. Renderings of possible project as well as rental income projections in the attachment. (Rental income projections based on traditional project not with grants from the CRA). Possible to purchase the lot next door as well at 225 NW 14th ter.
  • Waterfront: No info
  • Days on Market: 3
  • Closing Date: 2021-09-24
  • Compass Point: NW
  • Office Name: Zilla Real Estate, Inc
  • Area: 5250
  • Taxes: 1803
  • Tax Year: 2020
  • Listing Date: 2021-08-24T03:31:50.000-00:00
  • Lot Size Square Feet: 5250

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Price History

Current
$375K
High
$410K
Low
$375K
Total Change
-8.5%
$414K$392K$371KAug 21Sep 21Jun 26
Date
Event
Price
Change
Price Per
06/13/2026
Sold
$375K
0%
$71 ft2
$769 m2
09/23/2021
Price Reduced
$375K
-8.53%
$71 ft2
$769 m2
08/23/2021
Listed
$410K
 
$78 ft2
$841 m2
06/13/2026
$375K
Event
Sold
Change
0%
Price Per
$71 ft2
$769 m2
09/23/2021
$375K
Event
Price Reduced
Change
-8.53%
Price Per
$71 ft2
$769 m2
08/23/2021
$410K
Event
Listed
Price Per
$78 ft2
$841 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Briana GowenZilla Real Estate, Inc • Buyer Agency Compensation .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
87

100
Transit Score®
Excellent Transit. Transit is convenient for most trips
87

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
75

100
Sound Score®
Very loud
63

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
48

100
Local Score
Limited local amenities nearby
3

100
Community Snapshot
440 - 19,828
SqFt Range
1982
Year Build

Miami
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