Listed by Real Estate Sales Force Miami
Unpriced
Miami Airport Area 17K SF Land Multi Dev 25 Doors (JV Opt)
Details
Property Type Land, Multifamily
Sub Type Apartment Building, Commercial
Square Footage 17,102
Units 25
Lot Size (SqFt) 17,102
Zoning T5-R
Investment Type Redevelopment
Sale Condition Sale for leaseback
Miami Airport Civic- Multifamily or ALF Redevelopment Sale or JV
Marketing description
FOR SALE AND/OR JV REDEVELOPMENT OFFERING FOR T5-R MULTIFAMILY OR ALF
Architectural Feasibility Analysis- 25 Units, 5 stories at 80% lot coverage
LOCATION:
- SPECTACULAR LOCATION FRONTING DOLPHIN EXPRESS (97M CARS PER ANNUM)
- UNMATCHED EXPOSURE/VISIBILITY TO DOLPHIN EXPRESSWAY
- BLOCKS DISTANCE FROM MIAMI FREEDOM PARK AND SOCCER VILLAGE https://miamifreedompark.com/
- Situated minutes from airport and new soccer stadium and directly two streets over from the recently announced, Regency Hotel redevelopment by MG:
- MG Developer plans hundreds of apartments on hotel site (Photos) - South Florida Business Journal
ZONING INFO:
- Best uses: Multifamily and ALF
- T5-R: https://codehub.gridics.com/us/fl/miami#/8ba0388c-fe18-4395-92f3-1838d1a3ff08/e93fcc5e-8ae8-4b67-be05-f8fa2f11fbb6
- 5 STORIES AND DENSITY 65 U/A (MAX 25 UNITS)
- NOTE- FAA caps vertical development at 50 feet vertical (factored into the redevelopment estimates)
- 5 STORIES AND DENSITY 65 U/A (MAX 25 UNITS)
PARCELS: 4291 NW 12 ST, 4269 NW 12 ST AND 4259 NW 12 ST TOTAL 17,102 SF
CURRENTLY LEASED TO TENANT AND NURSERY
Investment highlights
FOR SALE AND/OR JV REDEVELOPMENT OFFERING FOR T5-R MULTIFAMILY OR ALF
Architectural Feasibility Analysis- 25 Units, 5 stories at 80% lot coverage
LOCATION:
- SPECTACULAR LOCATION FRONTING DOLPHIN EXPRESS (97M CARS PER ANUM)
- UNMATCHED EXPOSURE/VISIBILITY TO DOLPHIN EXPRESSWAY
- BLOCKS DISTANCE FROM MIAMI FREEDOM PARK AND SOCCER VILLAGE https://miamifreedompark.com/
ZONING INFO:
- Best uses: Multifamily and ALF
- T5-R: https://codehub.gridics.com/us/fl/miami#/8ba0388c-fe18-4395-92f3-1838d1a3ff08/e93fcc5e-8ae8-4b67-be05-f8fa2f11fbb6
- 5 STORIES AND DENSITY 65 U/A (MAX 25 UNITS)
- NOTE- FAA caps vertical development at 50 feet vertical (factored into the redevelopment estimates)
- 5 STORIES AND DENSITY 65 U/A (MAX 25 UNITS)
- Architectural Feasibility Analysis- 25 Units, 5 stories at 80% lot coverage
PARCELS: 4291 NW 12 ST, 4269 NW 12 ST AND 4259 NW 12 ST TOTAL 17,102 SF
CURRENTLY LEASED TO TENANT AND NURSERY
Listing Contacts
Listed by Real Estate Sales Force Miami
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
