Listed by The Alpha Commercial Advisors
$1,185,000
1090-1096 NW 54th ST - Fully Approved 21-Unit Project
Details
APN 01-31-23-006-1140
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 0.390
Zoning T5-O
Fully Approved Site Plan for 21 Units
Marketing description
Situated on the NW/NE 54th Street corridor, this opportunity-zone development site offers unmatched visibility and connectivity along one of Miami’s most important east–west arteries, linking the urban core with rapidly transforming neighborhoods. The property is nearly shovel-ready, with not only final and full site plan AND design approval for a 21-unit multifamily (or condo) project with 3 stories, but also is completely through permitting already, with the only remaining steps being to pay the fees and pull the permits.
Investment highlights
- Fast-Track Development: Fully-approved site plan and permitting for an economic 21-unit, 3-story multifamily project, ready-to-execute, streamlined for cost-efficiency, and tailored to meet missing-middle market demand.
- Infill Opportunity Upside: Advantageous, lower barrier-to-entry option suited for small-scale developers looking to get in on the action ahead of the game, all within the bounds of a Qualified Opportunity Zone (QOZ) location.
- Emerging Corridor: Strategically positioned at the crossroads of Liberty City and Little River, two submarkets undergoing major public & private reinvestment thanks to Miami-Dade's wave of Live Local Act-driven projects.
- Corner Visibility Advantage: Highly visible corner with dual frontage along NW 54th Street, benefiting from traffic counts exceeding 25,000 daily vehicles and direct adjacency to national QSR and retail tenants.
- Built-In Flexibility: Priced competitively to raw land alternatives on the basis of by-right allowances, preserving upside & optionality for future densification or higher-return programs/uses.
- Seller financing available.
Listing Contacts
Listed by The Alpha Commercial Advisors
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