Situated on strategically zoned land, this site presents an exceptional opportunity for prospective investors. The zoning permits the development of up to 256 residential units, and potentially up to 320 units if a workforce or affordable housing component is integrated. Notably, this property falls within the Miami Urban Center District, specifically designated as a TIER 1 locale. This classification offers a host of compelling incentives for the construction of Affordable Housing and facilities catering to Special Needs populations. Furthermore, the substantial population surge in South Dade, one of Florida’s most robust growth areas, underscores the significant demand for properties of this nature. Developers stand to benefit from this elevated demand, which presently surpasses the availability of workforce housing options, thereby ensuring a trajectory of sustained, long-term growth.
Property Brochure: https://facommercial.com/properties/?propertyId=1465498-sale
Fabio F. Faerman
Fortune Christie's International Real Estate
