$2,990,000
BROADMOOR SUB
Details
APN 01-32-30-013-0750
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,500
Net Rentable (SqFt) 3,741
Units 4
Tenancy Vacant
Broker Co-Op True
Class C
Year Built 1925
Buildings 2
Stories 2
Acreage 0.130
Zoning 4604
Parking Spaces 6 spaces
Parking Per SqFt 1.09
Investment Type Value Add
Prime Edgewater Development Site | T6 36aL | 66,000 buildable SF | Corner Lot
Marketing description
Corner lot in the heart of Edgewater’s urban core. Zoned T6-36a-L under Miami 21 by-right multifamily, boutique hotel, or short-term rental development with no rezoning required. Up to 66,000 buildable SF (FAR 12). Triple street frontage on a 5,500 SF lot. Existing fourplex sold AS-IS. No tenants, no leases. Immediate development potential upon closing or hold as income property. Located steps from Biscayne Bay, Wynwood, Midtown Miami, and the Design District. Excellent highway access via I-95/I-195. Buyer to verify all zoning and development potential with City of Miami.
Investment highlights
Corner lot in the heart of Edgewater’s urban core. Zoned T6-36a-L under Miami 21 by-right multifamily, boutique hotel, or short-term rental development with no rezoning required. Up to 66,000 buildable SF (FAR 12). Triple street frontage on a 5,500 SF lot. Existing fourplex sold AS-IS. No tenants, no leases. Immediate development potential upon closing or hold as income property. Located steps from Biscayne Bay, Wynwood, Midtown Miami, and the Design District. Excellent highway access via I-95/I-195. Buyer to verify all zoning and development potential with City of Miami
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