118 NW 24th St, Miami, FL 33127

Opis nieruchomości — 118 NW 24th St, Miami, FL 33127

7,500 SF lot to Build up to 20,000 SF with no parking requirement, according to the City of Miami Building Department for projects of 20,000 SF or less. The site allows for a five-story mixed-use building featuring 24 residential units above a 4,000-3,600 SF ground-floor retail or restaurant space. The commercial space can be leased to generate a stable NNN (Triple Net) income stream, creating an additional revenue source while maximizing the property's long-term investment potential. This land - multifamily in the heart of Miami’s iconic Wynwood Arts District featuring eight fully leased studio apartments generates steady in-place income of approximately $12,400 per month, making it a strong holding option while exploring future redevelopment. Zoned T5-O/NRD-1. The property benefits from its proximity to major lifestyle and employment hubs, including the Miami Design District, Midtown, Allapattah, and Downtown Miami, all within minutes. Immediate access to key transportation routes ensures connectivity across Greater Miami, and the neighborhood’s walkability supports its thriving cultural, culinary, and retail environment. Investors can leverage Wynwood’s upward trajectory for appreciation while benefiting from dependable short-term cash flow. This is a compelling opportunity to control an income-producing asset with significant redevelopment potential in one of Miami’s most dynamic corridors.

Opis oryginalny z MLS (w języku angielskim).

Szczegóły nieruchomości — 118 NW 24th St, Miami, FL 33127

Basen prywatny

Nie

Informacje o budynku — 118 NW 24th St, Miami, FL 33127

Nazwa budynku

MARKS SUB

Jednostka powierzchni

Stopy kwadratowe (sq ft)

Wspólnota (HOA)

Nie

Informacje o działce i budowie — 118 NW 24th St, Miami, FL 33127

Cechy działki

Central Business District, City Location, 1-2.5 Acres

Powierzchnia działki (sq ft)

7,500

Nad wodą

Nie

Linia brzegowa

50

Widok

Brak

Kanalizacja

Kanalizacja miejska

Ujęcie wody

Woda miejska

Nowe budownictwo

Nie

Dane z rejestrów publicznych — 118 NW 24th St, Miami, FL 33127

Numer działki (folio)

01-31-25-037-0420

Roczny podatek od nieruchomości

$56,717

Rok podatkowy

2,025

Opis prawny (rejestr)

25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4

Strefa zagospodarowania

6101

Hrabstwo

Hrabstwo Miami-Dade

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