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Land For Sale • 0.6 AC
Develop 107 +/- units of multifamily on this Up-zoned & Opportunity Zoned Land assemblage of 26,136 SF (0.60 acres) offering a full block frontage on NW 27th Ave between NW 44th & 45th Streets near I-112 access in Miami-Dade County, FL, with over 33,000 vehicles per day. Ideal multi-family development site for up to 107 units in an up & coming area between I-112/ NW 36th Street and NW 54th Street with immediate access to public transportation between 2 metro station stops, highways, & local community resources. Zoned MCUCD and up-zoned for 107 units. Build up to 10 stories. Site has adequate access to water/sewer & electric. Property offers 2 curb-cuts on NW 27th Ave as well as one on NW 45th Street. See attached Proforma Rental and Profit & Loss Development Models based upon the benefits of entering all 107 units in a 30 year 120% of AMI affordable program under Florida SB-102 Live Local Act. Request Equity & Debt Financing available for review.
| MC-UC zoning, allows for 107 units by right - Opportunity Zoned Land |
| Land assemblage of 6 parcels totaling 60% of an acre |
| Blocks to Metrorail on 27th Ave just south of NW 54th Street (0.40 miles) |
| Equity & Debt Financing Available - e-mail to request detail info sheets |
| Rent at 120% of AMI which are in line with market rents |
| Sufficient parking reduction opportunities to achieve desired unit count |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Brownsville (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 1 min | 8 min | 0.5 mi |
| Earlington Heights (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 9 min | 16 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 16 min | - | 6.5 mi |
| Fort Lauderdale/Hollywood International | 32 min | - | 22.6 mi |
Brian Carter, MBA, CCIM
Douglas Elliman
Brian Carter, MBA, CCIM
Douglas Elliman
