This strategic property totals 41,650 net square feet of well-located commercial land with high-density development rights. Income is generated from 9 existing office tenants. Offices are fully leased to architectural and design firms. In addition, there are 5 multi-family apartments and a 40-year auto mechanic business. The 1-owner, 3-parcel assemblage sits within a prized area with zoning designation T6-8-0 which allows for development of up to 8 stories and 150 multifamily units/acre, or 144 total units by right. Maximum buildable area totals 208,250 sq ft.
Full Address: 8020 NE 4th Ave, Miami FL 33138, Miami, FL 33138
Total Size: N/A
Taxes: $8880 x Year