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1649 NW 27th Ave Miami, FL 33125
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Key Details
Sold Price $1,810,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Grapeland Villa
MLS Listing ID A11447325
Sold Date 11/04/24
HOA Y/N No
Annual Tax Amount $8,196
Tax Year 2022
Contingent Pending Inspections
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 130x100
Property Description
Great opportunity for investors, end users or developers to acquire blank canvas centrally located on NW 27 Avenue next to Miami river. New owners can build up-to 8 stories zoned T6-8-O for mixed used of residential/commercial on 13,960 sq ft with a 5 FAR for estimated 69,000 total square feet of construction or approximately 48 units. For investors simply Landbank the property, HAVE A SHORT-TERM LEASE IN PLACE AT $9000 FOR UNTIL FEB 25, CAN BE TERMINATED WITH A 60 DAY NOTICE. Pays for itself while it appreciates in value. Centrally located with easy access to 836, only 10 minutes to the new soccer stadium, Magic City casino, Coral Gables, Brickell, Wynwood. BOTH LOTS MUST BE SOLD TOGETHER.
Location
State FL
County Miami-dade
Community Grapeland Villa
Area 31
Exterior
Utilities Available Electricity Available, Water Available
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 01-31-34-032-0100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Avenew Realty Corp
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