279 NW 54th St, Miami FL 33127

About This Property

PRIME LITTLE RIVER/LITTLE HAITI REDEVELOPMENT OPPORTUNITY! Rare 6,650 SF development site with 50' of frontage directly on NW 54th Street with 17,200 Average Daily Traffic in one of Miami’s fastest-evolving corridors. Located near Magic City Innovation District and Design District, and minutes from Allapattah, Wynwood, Midtown, MiMo and the Beaches, with easy access to I-95 and Biscayne Blvd. T5-O Miami 21 zoning offers flexible potential for multifamily (city will allow 9 units; 5 stories with ground floor under-parking, per Seller), commercial, lodging and mixed-use development. Currently situated with a vacant, uninhabitable non income-producing duplex with abundant parking (currently with an offsite parking tenant), offering additional value-add or holding potential while planning future redevelopment. A compelling opportunity to develop, reposition or generate income while benefiting from the continued growth of this dynamic Miami location.

Property Details

Property Type

Mixed Use

Status

Active

MLS #

A12085823

Building Area

1,056 SF

Lot Size

6,650 SF

Year Built

1939

Zoning

6101

Days on Market

2

Price

$825,000