1510 16Th St Miami, FL 33125
- Specialty properties
- 13,190 SF
Current Use by Public Records
- Specialty properties
Property Details for 1510 16Th St
- Property size
- 13,190 SF
- Property type
- Specialty properties
Description
This exceptional 13,190 square foot development opportunity is located in the heart of Miami, Florida, at 1510 NW 16th St, 33125, in close proximity to the University of Miami Medical Campus. Currently listed at $2,100,000, this special purpose property presents a unique chance to capitalize on a thriving urban market. The site is perfectly positioned for immediate development, with complete architectural plans already in place for an eight-story building. These plans encompass 35 residential units and a ground floor commercial space, providing a diverse revenue stream potential. The land itself is 13,190 square feet, offering ample space for the proposed construction. All necessary preparations for building have been completed, streamlining the development process and minimizing delays. This turnkey project is ideal for investors seeking a high-return opportunity in a rapidly growing area of Miami. The property's strategic location near the UM Medical Campus ensures strong demand for both residential and commercial spaces. This is a rare chance to acquire a fully prepared development site in a prime Miami location. Don't miss this exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2204
- Latitude
- 25.7899
