Private Address

Active

Private Address

$5,999,900

$599.09 per sqft

Active

10,015 sqft

Commercial

Built in 1936

Prime development opportunity in an Opportunity Zone! **Zoning:** Flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 SF. **Growth Potential:** Surrounded by high-rise buildings and mixed-use projects. **Development Opportunity:** Ideal for developers to generate income from office or retail tenants during planning and approval. Proforma income of $230,000 with a total built area of 10,115 sq ft. **Parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **Location:** Prime frontage on US-1 with 44,000 VPD, providing excellent exposure and signage opportunities.

A11627630

MLSⓇ ID

July 22, 2024

Listed

August 30, 2024

Updated

Map

Private Address

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Central Building A/C
Heating: Yes
Heating Description: Central Electric, Central Building A/C

Exterior/Building Features

Lot Size: 0.61 Acres
Lot Features: Central Business District, City Location, Corner Lot
Sewer: Public Sanitation

Other Property Details

Taxes: $38,334
Tax Frequency: Annually
Days on Market: 39
Garage: No
Parking: Free Parking, On Street
Parking Total: 35
View: No
County: Broward County
Water Source: Public
Pool: No
Zoning: FH-2

Listed by: Rise Realty
Listing Contact: 305-720-7925

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:49 PM UTC, 8/30/2024.