REDUCED
- MLS® #: A11917999
- 8270 Ne 1st Pl
- Miami, FL 33138-3764
- $2,690,000
- Business
Covered land opportunity in the heart of Miami’s rapidly evolving Little River neighborhood. The property is zoned T5-O, allowing for a range of mixed-use residential and commercial development possibilities within Miami’s urban core. By-right, the zoning allows for a mixed-use or multifamily project of up to 19 units and 5 stories before bonuses with office and retail components optional, and the site located within an Opportunity Zone and with Live Local Eligibility which would allow for up to 292 units and 8-12 stories. Situated right on the cusp of the T6-8-O district, there could also be an up-zoning play based on recent precedent and direct proximity to the boundary. The site is currently improved with a fully renovated five-unit compound (four multifamily units and one single-family residence) providing the potential for interim income while development plans are pursued. The majority of the property is currently being rented as short-term rentals and thrives in an AirBnB model but would be just a suitable for traditional month-to-month or annual rentals, as well as rented on a master lease to a commercial use such as a school, artist campus, health and wellness facility, etc.
View Virtual TourEssential Information
- MLS® #A11917999
- Price$2,690,000
- CAD Dollar$3,751,878
- UK Pound£2,034,719
- Euro€2,334,968
- Bathrooms0.00
- Year Built1941
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address8270 Ne 1st Pl
- Area31
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33138-3764
- Office: The Alpha Commercial Advisors Llc
Property Location
8270 Ne 1st Pl on www.jupiteroceanfronthomes.us
Offered at the current list price of $2,690,000, this home for sale at 8270 Ne 1st Pl features bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33138-3764 . 8270 Ne 1st Pl is listed under the MLS ID of A11917999 and has been on the Miami real estate market for 136 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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