2451 NW 54th St, Miami, FL 33142

Building Details

Year Built

1954

Listing agent Ian Welch License #3383931

Listing office Inspired Lifestyle Realty, LLC i**@ilsrealty.com Show Phone

Listing date Dec 20, 2023

Source Crexi

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

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Overview

This corner lot location presents an investor/developer opportunity to contribute to community development. The property features a development opportunity for a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots, totaling approximately 11,250 square feet. Located 10 minutes away from Wynwood, the property is situated in a Mixed-Use Corridor and Opportunity Zone Community, allowing for a maximum building height of 2 to 10 floors with a density of 90 max. Front and rear setbacks are 25 feet for buildings up to 35 feet in height. Intended use of the property is for community development.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.238127

Latitude

25.824226

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FAQs

What type of property is this?

Mixed-use property - 23-unit apartment building with retail and restaurant for sale.

Where is this mixed-use property located?

The property is located at 2451 NW 54th St Miami, FL.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Opportunity to develop a **23‑unit apartment building with ground floor retail.**; Includes a free‑standing restaurant with 2 adjoining lots (approx. 11,250 sqft).; Located in an Opportunity Zone Community.