1552 NW 15th Ave
Miami, FL 33125 Allapattah

Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station.  “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission.  Excellent bargain on development site at $40,000/door land cost where larger dev sites have sold for over $100,000 per door land cost.  Attain near a proforma 39% IRR in a growth market.  Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process.   Estimate 9 to 12 months to permit approval from closing.  Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown.  Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.