1224 NW 59, Miami FL 33142 | Miami-Dade County | A12017553
- $535,000
- $535,000
Description
Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.
Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.
Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.
An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.
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Address
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Address: 59
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City: Miami
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Zip/Postal Code: 33142
Details
Updated on July 2, 2026 at 7:55 pm-
Property ID A12017553
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Price $535,000
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Property Status Active, Commercial Land
Additional details
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Building ORCHARD VILLA EXTENSION
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Area Orchard Villa Extension
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Annual Tax 3560
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Association No
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Private Pool No
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Listing Terms Cash
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Waterfront No
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Subdivision ORCHARD VILLA EXTENSION
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Structure Type Commercial
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Tax Year 2025
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Flood Zone AH
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New Construction No
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Lot Size (Sq Ft) 5300
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