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Investment Opportunity

Miami Investmens

100-118 NE 21st St Miami FL 33137 MLS #A11633044

100-118 NE 21st St
Miami, FL, 33137
$7,450,000
Beds
0 Bathrooms
0 SqFt
0.65 Acres
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$7,450,000
100-118 NE 21st St
Miami, FL, 33137
MLS #A11633044 image #0MLS #A11633044 image #1MLS #A11633044 image #2MLS #A11633044 image #3MLS #A11633044 image #4MLS #A11633044 image #5MLS #A11633044 image #6

Project Description

Introducing a coveted land development opportunity for mid-rise or high-rise project in the popular Edgewater neighborhood of Miami. Located at the Southern-most quadrant just outside the borders of both the Arts + Entertainment District (OMNI), and only a block from the access road to Wynwood that crosses the train-tracks (one of only a few crossings in the neighborhood). With T6-8-O zoning, a developer can build up to 8 stories and 97 units BY-RIGHT. With the bonuses available in the Miami 21 code for various public benefit, a developer can exceed this count without applying for a Live Local project.

Property Details

Price:
$7,450,000
MLS #:
A11633044
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
BAYVIEW ADDN TO MIAMI
Neighborhood:
bayviewaddntomiami
Listed Date:
Jul 31, 2024
Lot Size:
28,265 sqft / 0.65 acres (approx)
Bayview Addn To MiamiBayviewaddntomiamiBayview Addn To MiamiUnimproved Multi Family (5+units)

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$81,180

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
100-118 NE 21st St
Miami, FL