Earlington Heights, 4875 NW 22nd Ave

0.1
Acre
Status
OFF MARKETExpired
Size
0.1 Acres (388 m2)
Price
$13,500,000/Acre ($3,481/m2)
Type
Land
MLS Number
A11302710
On Site
1401 Days
Updated
1396 Days ago
Page Views
0
Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. This property is located in central Miami, Florida. Convenient access on NW 22nd Avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. Currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). In order to maximize the density, the County requires 12.5% of the units to be workforce housing, between 80% and 120% of AMI. Additionally, the site plan currently carries an approved retail component on the first floor of the building.

Features

All features
  • Current Use: MultiFamily
  • Property SqFt: 4175
  • Remarks: Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. This property is located in central Miami, Florida. Convenient access on NW 22nd Avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. Currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). In order to maximize the density, the County requires 12.5% of the units to be workforce housing, between 80% and 120% of AMI. Additionally, the site plan currently carries an approved retail component on the first floor of the building.
  • Internet Remarks: Exclusive opportunity to acquire a ready-to-build multifamily site zoned for up to 40 units, with a good unit mix of mostly 2 bedrooms. This property is located in central Miami, Florida. Convenient access on NW 22nd Avenue allows commuting to employment centers, grocery stores, schools, and entertainment corridors. Currently, the property is site-plan approved for 21 units (depicting 5-story development), however zoning allows for up to 40 units on a 10-story building (updated renderings shown in photos). In order to maximize the density, the County requires 12.5% of the units to be workforce housing, between 80% and 120% of AMI. Additionally, the site plan currently carries an approved retail component on the first floor of the building.
  • Waterfront: No info
  • Days on Market: 4
  • Compass Point: NW
  • Office Name: The Hype Real Estate Group Corp
  • Area: 7575
  • Taxes: 1134
  • Tax Year: 2022
  • Listing Date: 2022-11-14T11:38:22.380-00:00
  • Lot Size Square Feet: 4175

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Price History

Date
Event
Price
Change
Price Per
11/14/2022
Listed
$1.4M
 
$323 ft2
$3,481 m2
11/14/2022
$1.4M
Event
Listed
Price Per
$323 ft2
$3,481 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Pablo VignoloThe Hype Real Estate Group Corp • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
66

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
48

100
Sound Score®
Very loud
71

100
Airport Score
Close to airports. Noticeable airport activity
4

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
$275K – $275K
Price Tier
534 - 2,660
SqFt Range
1962
Year Build

Brownsville
Premium
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