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31690632
31690633

21500 S Dixie Hwy, Miami, FL 33189

EC
SL3622516
Fausto Commercial
Listed by Fausto Commercial
$4,700,000
50 days on market
Updated 50 days ago

TRANSIT-ORIENTED MIXED-USE DEVELOPMENT OPPORTUNITY

Details
Property Type Industrial, Land (+2)
Sub Type Commercial, Flex (+1)
Square Footage 7,367
Tenancy Multi
Lease Type Gross
Price per SqFt $638
Lot Size (SqFt) 61,943
Zoning UC-MM

Industrial | 7,367 SqFt

Marketing description

62,000 SF TRANSIT-ORIENTED COVERED LAND PLAY

62,000sf Transit-Oriented Covered Land Play in South Miami-Dade, with 800 ft of direct frontage on S Dixie Hwy. South-Dade is drawing immense development interest for its ability to provide affordable larger land parcels, in quiet and comfortable neighborhoods, with great local retail and great access to convenient public transit. This site corners a Bus Rapid Transit (BRT) stop, on a transit way which operates 24 hours a day and 365 days a year, with frequencies of up to every 7 minutes. The site’s existing zoning UC-MM is open for retail, residential or mixed use. To maximize residential density, a live local application can get you up to 250 units per acre, with many other incentives. Alternatively the site’s 800ft of direct frontage make it a gret for retail development. The site’s unique shape, where it is its own block and surrounded by streets, provides maximum ease of access and flexibility for development. Two tenants on site, both on a month to month basis generating over $170k gross, allowing for covering holdings costs during design, entitlement and permitting phases. Both tenants are happy to stay and their rents can be raised.

Listing Contacts

EC
SL3622516
Fausto Commercial
Listed by Fausto Commercial

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