Groveland, 2641 NW 25th Ave

$450K12%
$396,000
0.15
Acre
Status
OFF MARKETExpired
Size
0.15 Acres (595 m2)
Price
$2,640,000/Acre ($666/m2)
Type
Land
MLS Number
A11523918
On Site
958 Days
Updated
945 Days ago
Page Views
0
Seize a rare multifamily re-development opportunity in Miami, just 2 miles from the new Miami Freedom Park and near the bustling Wynwood area. This prime 6,400 sqft lot in a T4-R zone comes with pre-approved plans for a stunning 5-unit building with 9 parking spaces, promising a lucrative investment in a high-demand rental market. Nestled in Allapattah, a neighborhood known for its robust workforce, the site benefits from proximity to Brickell, Midtown, and Wynwood, fueling demand and contributing to the area's gentrification. This is your chance to invest in one of Miami's rapidly growing communities, turning this land into a profitable development. Don't miss out on this exceptional opportunity to make a significant impact in a thriving Miami neighborhood.

Features

All features
  • Property SqFt: 6400
  • Remarks: Seize a rare multifamily re-development opportunity in Miami, just 2 miles from the new Miami Freedom Park and near the bustling Wynwood area. This prime 6, 400 sqft lot in a T4-R zone comes with pre-approved plans for a stunning 5-unit building with 9 parking spaces, promising a lucrative investment in a high-demand rental market. Nestled in Allapattah, a neighborhood known for its robust workforce, the site benefits from proximity to Brickell, Midtown, and Wynwood, fueling demand and contributing to the area's gentrification. This is your chance to invest in one of Miami's rapidly growing communities, turning this land into a profitable development. Don't miss out on this exceptional opportunity to make a significant impact in a thriving Miami neighborhood.
  • Internet Remarks: Seize a rare multifamily re-development opportunity in Miami, just 2 miles from the new Miami Freedom Park and near the bustling Wynwood area. This prime 6, 400 sqft lot in a T4-R zone comes with pre-approved plans for a stunning 5-unit building with 9 parking spaces, promising a lucrative investment in a high-demand rental market. Nestled in Allapattah, a neighborhood known for its robust workforce, the site benefits from proximity to Brickell, Midtown, and Wynwood, fueling demand and contributing to the area's gentrification. This is your chance to invest in one of Miami's rapidly growing communities, turning this land into a profitable development. Don't miss out on this exceptional opportunity to make a significant impact in a thriving Miami neighborhood.
  • Waterfront: No info
  • Days on Market: 71
  • Compass Point: NW
  • Office Name: K & M Realty Holdings Corporation
  • Area: 6400
  • Taxes: 4321
  • Tax Year: 2023
  • Listing Date: 2024-01-30T13:15:19.000-00:00
  • Lot Size Square Feet: 6400

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Price History

Current
$396K
High
$450K
Low
$396K
Total Change
-12%
$456K$423K$390KJan 24Feb 24
Date
Event
Price
Change
Price Per
02/05/2024
Price Reduced
$396K
-12%
$62 ft2
$666 m2
01/30/2024
Listed
$450K
 
$70 ft2
$757 m2
02/05/2024
$396K
Event
Price Reduced
Change
-12%
Price Per
$62 ft2
$666 m2
01/30/2024
$450K
Event
Listed
Price Per
$70 ft2
$757 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Maria Baron • K & M Realty Holdings Corporation • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
77

100
Transit Score®
Some Transit. A few nearby public transportation options
45

100
Bike Score®
Bikeable. Some bike infrastructure
55

100
Sound Score®
Very loud
74

100
Airport Score
Close to airports. Noticeable airport activity
7

100
Traffic Score
Congested area. Frequent traffic delays
32

100
Local Score
Limited local amenities nearby
4

100
Community Snapshot
$525K – $525K
Price Tier
780 - 2,150
SqFt Range
2007
Year Build
5
Total Floors

Subdivision Amenities

Elevators
None

Miami
Entry-Level
Entry-Level Homes & Condos