1895 NW 75 Street Miami, FL 33147

Listing agency Modern World Realty a***@gmail.com Show Phone

Listed by Anet Ortiz · License #3084854 Show Phone

Source Exitrealty

Added: Jul 29, 2024 Updated: Jul 6 at 12:07PM Checked: Jul 22 at 9:36AM

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Investment Insights

Based on property information with market context.

This commercial land is located within a designated Opportunity Zone, potentially offering tax incentives. The property is zoned BU-1 (Neighborhood Business District), which allows for various uses such as retail stores, service establishments, offices, restaurants, cafes, and car washes. Building height is restricted to a maximum of 2 stories or 35 feet. The Floor Area Ratio (FAR) is 0.40 for a single-story building, increasing by 0.11 for each additional story. Setbacks are 20 feet from the front and, if adjacent to residential boundaries, 20 feet from the rear, or 5 feet from BU/IU boundaries. Interior side setbacks are 0 feet adjacent to BU/IU districts, and side street setbacks are 15 feet, or 25 feet if adjacent to a residential district. The property is suitable for developing a mixed-use project catering to local community needs.

Key Highlights

• Located in a designated Opportunity Zone, offering significant tax incentives.
• Zoned BU‑1, allowing for retail, service, office, and restaurant establishments.
• Permitted building height of up to 2 stories or 35 feet.

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FAQs

What type of property is this?

Commercial land - Commercial land for sale in Miami, zoned BU-1.

Where is this commercial land located?

The property is located at 1895 NW 75 Street Miami, FL.

What is the asking price?

The asking price for this property is $390,000.

What are key features of this property?

This property features: Located in a designated Opportunity Zone, offering significant tax incentives.; Zoned BU‑1, allowing for retail, service, office, and restaurant establishments.; Permitted building height of up to 2 stories or 35 feet.