Land in Brownsville, FL 33142
Earlington Heights, 4875 NW 22nd Ave

Own in Earlington Heights?

Overview Features True Comps Price History Payment Location Similar Homes

Own in Earlington Heights?

OFF MARKET

$1,350,000

Estimate Payment $6,921 Closing Costs

Beds

0.1

Acre

$13,500,000

$/Acre

0.1 AcresLot Size

$13,500,000/AcrePrice per acre

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.

Listing Courtesy Of: The Hype Real Estate Group Corp

Local Realty Services Provided By: Best of Luxury Realty

On Site: 1452 DaysUpdated: 1448 Days agoPage Views: 0

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