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459 NE 25th St Miami, FL 33137
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Key Details
Sold Price $1,950,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Wofford & Johnsons Resub
MLS Listing ID A11068203
Sold Date 04/12/22
HOA Y/N No
Annual Tax Amount $44,625
Tax Year 2020
Contingent Pending Inspections
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80x111
Property Description
Development opportunity on a 8,880 Sqft Lot in the heart of Edgewater, Miami. Conveniently located between Biscayne Blvd and Biscayne Bay. Land Use per Miami21 calls for Zone T6-36A-L. The T6 zone has the greatest number and variety of uses. Limited (L) single family, multifamily residences, Hotels, Bed & Breakfasts, and Inns, Office space permitted in a limited capacity. Proposed Site Study (attachments) with 29 units with 21,080 rentable area. Next door lot to the East, a bit smaller (8,325) was successfully developed into a 6 story 20 unit condo built in 2004. Great Land Play as property is currently operating as a triplex consisting of 3/2, 2/1 and 1/1 generating $4,800/month on month to month agreement. Do not disturb tenants, please schedule showings with agent.
Location
State FL
County Miami-dade County
Community Wofford & Johnsons Resub
Area 32
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Multi-Family
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-32-30-024-0010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Abner Realty, Inc