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1190 NW 55Th St Miami, FL 33127

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For Sale
$1,299,000

Mixed-use property in Miami, close to Health Center and Wynwood.

Lot size:
0.48 Acres

Property Features for 1190 NW 55Th St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.48 Acres

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Listing Contact
Sonia Diaz
Source: Elliman

Listing Agency: The Keyes Company Listing Agent: Sonia Diaz

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

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Overview

Prime Corner Mixed-Use Property

This mixed-use property is situated on a corner lot with 20,729 square feet of land. Zoned T-5 Miami 21, the property allows for 65 units per acre. The site has 120 feet of frontage on NW 12th Avenue and 175 feet of frontage on 55th Street. Under the Live Local Act, the property can accommodate more than 250 units per acre, with the potential for up to 8 stories. A bus stop is located in front of the site. Located at the northeast corner of NW 12th Avenue and 55th Street in Miami, the property is near the Miami Health Center, Wynwood, and Magic City. There is potential for assemblage, increasing the total area to 35,000 square feet. The property is located in an opportunity zone.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.217418
Latitude
25.825222

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Miami, close to Health Center and Wynwood.
Where is this mixed-use property located?
The property is located at 1190 NW 55Th St Miami, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: - High-density development potential: Zoned T-5 Miami 21, allowing for 65 units per acre, with potential for over 250 units per acre under the Live Local Act and up to 8 stories.; - Prime corner location: Offers **120 feet of frontage on NW 12th Avenue and 175 feet on 55th Street.**; - Mixed-use zoning: Suitable for a variety of development projects.
More about this property
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