Description
Exceptional redevelopment opportunity in the highly sought-after Biscayne Gardens neighborhood! Situated on an oversized 20,479 sq. ft. multifamily-zoned lot, this property presents an outstanding opportunity for developers, builders, and investors seeking their next project. The existing structure is being offered primarily for land value, making it an ideal candidate for redevelopment. Conceptual renderings included in the listing photos showcase one vision of the site's potential. With multifamily zoning, generous lot size, and strong demand for new housing in the area, this property offers significant upside for those looking to maximize its highest and best use. Luxury homes in the surrounding neighborhood have sold for as much as $3 million, highlighting the area's continued growth and redevelopment potential. Ideally located near major highways, shopping, dining, schools, parks, this prime location further enhances the property's long-term investment appeal. Large multifamily development sites in Miami are becoming increasingly scarce, making this a rare opportunity to secure a substantial parcel in one of Miami's evolving neighborhoods. Buyer to independently verify zoning, density, permitted uses, and development potential with the appropriate municipal authorities.
Details
| MLS # | A12056612 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 49 |
| Listing Provided By | Lifestyle International Realty | Serge Saintil |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,682 |
| Story(s) | 1 |
| Zoning | 0100 |
| Property View | None |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Other |
Taxes
| Tax Annual Amount | 7684 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33162 |
| Area | 22 |
| Community Name | BISC GARDENS SEC A |
| Listing VS Median (in BISC GARDENS SEC A) | |
Price: $749,999 low | high Med: $1,389,900 sqft: 1,682 low | high Med: 3,099 $ / sqft: $446 low | high Med: $448 On site: 49 low | high Med: 55 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33162 |
| Area | 22 |
| Community Name | BISC GARDENS SEC A |
| Listing VS Median (in BISC GARDENS SEC A) | |
Price: $749,999 low | high Med: $1,389,900 sqft: 1,682 low | high Med: 3,099 $ / sqft: $446 low | high Med: $448 On site: 49 low | high Med: 55 | |
 | $519,90015250 Ne 2nd AvenueMiami, FL 33162 |
 | $1,650,00015230 Ne 2nd AvenueMiami, FL 33162 |
 | $1,650,00015230 Ne 2nd AveMiami, FL 33162 |