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112 NE 23Rd St Miami, FL 33127

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For Sale
$5,500,000

Three-lot development site in Edgewater near Wynwood and Design District.

Property size:
22,140 SF
Lot size:
0.52 Acres

Property Features for 112 NE 23Rd St

General Information

Size
22,140 SF
Lot size
0.52 Acres

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Listing Contact
Fabio Faerman
Source: Moodyscre

Listing Agent: Fabio Faerman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Edgewater Development Site Opportunity Zone

This offering features a three-lot site suitable for development in the Edgewater District, situated near the Wynwood and Design District areas. The property is located in an opportunity zone, which offers financial incentives. The site consists of three adjacent folios with dimensions of 160 feet wide by 135 feet long. T6-8-O Zoning allows for the development of up to 76 apartment units or 152 hotel keys, with a maximum height of 8 stories. The property generates a total gross income of $63,600, derived from monthly rents of $2200 at 100 NE 23 St, $1000 at 112 NE 23 St, and $2100 at 120 NE 23 St. Yearly taxes amount to $43,808.94. The property's folios are 01-3125-011-0300, 01-3125-011-0290, and 01-3125-011-0280. The property has a size of 22140 square feet.
Location Intelligence

Current Use by Public Records

JEWSY JERK Restaurant

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.19267
Latitude
25.798677

FAQs

What type of property is this?
Land - Three-lot development site in Edgewater near Wynwood and Design District.
Where is this land located?
The property is located at 112 NE 23Rd St Miami, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: - Prime Edgewater District location, near Wynwood and the Design District.; - Opportunity Zone location offering financial incentives.; - T6-8-O Zoning allows for significant development: **76 apartment units or 152 hotel keys, up to 8 stories.**
More about this property
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