1895 75 Plc Miami, FL 33147

Property Details for 1895 75 Plc

Property type

Commercial real estate

Description

This exceptional 0.4-acre commercial land parcel, located at 1895 NW 75 Street in Miami, Florida (zip code 33147), presents a compelling investment opportunity. Situated within a designated Opportunity Zone, this property offers significant tax advantages for investors seeking substantial returns. The land is zoned BU-1 (Neighborhood Business District), providing flexibility for a diverse range of commercial developments. Permitted uses include retail spaces, service establishments, offices, restaurants, cafes, and car washes, catering to the needs of the surrounding community. The zoning allows for a maximum building height of two stories (35 feet) with a Floor Area Ratio (FAR) of 0.40 for a single-story building, increasing by 0.11 for each additional story. Setback requirements are 20 feet from the front, 20 feet from the rear (residential boundaries) or 5 feet from BU/IU boundaries, 0 feet from interior sides adjacent to BU/IU districts, and 15 feet from side streets (or 25 feet if adjacent to a residential district). This prime location and flexible zoning make this property ideal for a mixed-use development project designed to serve the local community. The property's strategic location in Miami-Dade County offers excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a highly versatile commercial lot in a rapidly growing area.