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Land For Sale • 0.22 AC
Near Permit Approval for 92 Units in Miami, FL. 91 rentals & 1 commercial bay by-right via Live Local Act submission allowing for 100% parking reduction driving down your development costs. TOD & OZ areas. Across from Block 55 & Sawyers' Walk. The concept details rental units via LLA w/ average unit sizes of 402 SF, and an approximate 850 SF retail bay. Across the street from 'Block 55' residences offering retail such as Target & ALDI, as well as three (3) blocks to Publix, for all grocery needs. Walking distance to 4 metro mover stations & the Brightline. Rents in similar newly developed ‘Highland Park’ rental building with 100% parking reduction show rents at $4.64 to $4.82/SF/month. Signage income potential once built.
| Develop 91 apartments & 1 retail by right for 92 rentals |
| 100% parking reduction via TOD & OZ benefits |
| Rents in similar new dev a few blocks west with 100% parking reduction is $4.62 to $4.81/SF/mo |
| Walking distance to Publix, Aldi, & Target; as well as 4 Metro Movers & Brightline station |
| Please see attached Offering Memorandum ("OM") or email to request a copy |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 2 min | 7 min | 0.3 mi | |
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 7 min | 0.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 6 min | 0.3 mi |
| Arena/State Plaza (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 1 min | 8 min | 0.4 mi |
| Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 12 min | 0.6 mi |
| College North (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) | 3 min | 12 min | 0.6 mi |
| Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 2 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 21 min | - | 10.9 mi |
| Fort Lauderdale/Hollywood International | 33 min | - | 22.8 mi |
Brian Carter, MBA, CCIM
Douglas Elliman
Brian Carter, MBA, CCIM
Douglas Elliman
