Land in Miami, FL 33127
Buena Vista Estates, 526 NW 34th St

Own in Buena Vista Estates?

Overview Features True Comps Price History Payment Location Similar Homes

Own in Buena Vista Estates?

OFF MARKET

$1,200,000

$200K

Estimate Payment $6,167 Closing Costs

Beds

0.15

Acre

$8,000,000

$/Acre

0.15 AcresLot Size

$8,000,000/AcrePrice per acre

Development opportunity for investors in the hot Wynwood Norte submarket, sandwiched between Wynwood, Midtown, I-95 and I-195 (with easy access to the Design District, Edgewater and Downtown). This covered land play sits on a 6700 sqft T5-O site, which allows you to build up to 23 units, 20K sqft, 5 stories, with no parking requirements AS OF RIGHT (eligible for a bonus height up to 8 stories). Special zoning overlay allows for hotel / lodging use with double density (up to 46 units). Renderings show ACTUAL design of a 23-unit / 51-bedroom building (nine 3/3s, ten 2/2s, four studios) with roof deck and amenity space — yes, it’s possible! Priced at a very favorable and realistic price per unit for a win-win deal. Current property was used as a duplex, sold as-is.

Listing Courtesy Of: LoKation

Local Realty Services Provided By: Best of Luxury Realty

On Site: 1429 DaysUpdated: 1359 Days agoPage Views: 0

All features

Current Use: Commercial
Property SqFt: 6700
Remarks: Development opportunity for investors in the hot Wynwood Norte submarket, sandwiched between Wynwood, Midtown, I-95 and I-195 (with easy access to the Design District, Edgewater and Downtown). This covered land play sits on a 6700 sqft T5-O site, which allows you to build up to 23 units, 20K sqft, 5 stories, with no parking requirements AS OF RIGHT (eligible for a bonus height up to 8 stories). Special zoning overlay allows for hotel / lodging use with double density (up to 46 units). Renderings show ACTUAL design of a 23-unit / 51-bedroom building (nine 3/3s, ten 2/2s, four studios) with roof deck and amenity space — yes, it’s possible! Priced at a very favorable and realistic price per unit for a win-win deal. Current property was used as a duplex, sold as-is.
Internet Remarks: Development opportunity for investors in the hot Wynwood Norte submarket, sandwiched between Wynwood, Midtown, I-95 and I-195 (with easy access to the Design District, Edgewater and Downtown). This covered land play sits on a 6700 sqft T5-O site, which allows you to build up to 23 units, 20K sqft, 5 stories, with no parking requirements AS OF RIGHT (eligible for a bonus height up to 8 stories). Special zoning overlay allows for hotel / lodging use with double density (up to 46 units). Renderings show ACTUAL design of a 23-unit / 51-bedroom building (nine 3/3s, ten 2/2s, four studios) with roof deck and amenity space — yes, it’s possible! Priced at a very favorable and realistic price per unit for a win-win deal. Current property was used as a duplex, sold as-is.
Waterfront: No info
Days on Market: 63
Closing Date: 2023-02-01
Compass Point: NW
Office Name: LoKation
Area: 6700
Taxes: 1194
Tax Year: 2021
Listing Date: 2022-11-28T15:51:32.800-00:00
Lot Size Square Feet: 6700