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1090-1096 NW 54th St - Fully-Permitted + Approved 21 Unit Project 0.39 Acres of Commercial Land Offered at $1,609,230 CAD in Miami, FL 33127



Investment Highlights
- Qualified Opportunity Zone (QOZ) location
- Rare full design & site plan approval for 21-unit project w/ economical design
- Seller financing available
- High-Exposure location, 25,000 AADT and adjacent to national tenants
- Live Local Eligible for greater density at buyer's will
Executive Summary
THE ALPHA COMMERCIAL ADVISORS PRESENTS A RARE, FULLY SITE PLAN APPROVED CORNER DEVELOPMENT OPPORTUNITY ALONG MIAMI’S SHIFTING PATH TO PROGRESS. Situated on the NW/NE 54th Street corridor, this opportunity-zone development site offers unmatched visibility and connectivity along one of Miami’s most important east–west arteries, linking the urban core with rapidly transforming neighborhoods.
The property is nearly shovel-ready, with not only final and full site plan AND design approval for a 21-unit multifamily (or condo) project with 3 stories, but also is completely through permitting already, with the only remaining steps being to pay the fees and pull the permits.
Alternatively, the exposure afforded by the double-frontage corner location, commercial zoning, 24,000+ daily traffic count, and direct adjacency to national retailers (situated opposite Wendy’s), opens further optionality to reposition as single-tenant retail or supportive uses at buyer’s discretion.
--Fast-Track Development: Fully-approved plans (both design, site plan and permitting) for an economic 21-unit, 3-story multifamily project, ready-to-execute, streamlined for cost-efficiency, and tailored to meet missing-middle market demand.
--Infill Opportunity Upside: Advantageous, lower barrier-to-entry option suited for small-scale developers looking to get in on the action ahead of the
game, all within the bounds of a Qualified Opportunity Zone (QOZ) location.
--Emerging Corridor: Strategically positioned at the crossroads of Liberty City and Little River, two submarkets undergoing major public & private
reinvestment thanks to Miami-Dade's wave of Live Local Act-driven projects.
--Corner Visibility Advantage: Highly visible corner with dual frontage along NW 54th Street, benefiting from traffic counts exceeding 25,000 daily vehicles
and direct adjacency to national QSR and retail tenants.
--Built-In Flexibility: Priced competitively to raw land alternatives on the basis of by-right allowances, preserving upside & optionality for future densification or higher-return programs/uses.
The property is nearly shovel-ready, with not only final and full site plan AND design approval for a 21-unit multifamily (or condo) project with 3 stories, but also is completely through permitting already, with the only remaining steps being to pay the fees and pull the permits.
Alternatively, the exposure afforded by the double-frontage corner location, commercial zoning, 24,000+ daily traffic count, and direct adjacency to national retailers (situated opposite Wendy’s), opens further optionality to reposition as single-tenant retail or supportive uses at buyer’s discretion.
--Fast-Track Development: Fully-approved plans (both design, site plan and permitting) for an economic 21-unit, 3-story multifamily project, ready-to-execute, streamlined for cost-efficiency, and tailored to meet missing-middle market demand.
--Infill Opportunity Upside: Advantageous, lower barrier-to-entry option suited for small-scale developers looking to get in on the action ahead of the
game, all within the bounds of a Qualified Opportunity Zone (QOZ) location.
--Emerging Corridor: Strategically positioned at the crossroads of Liberty City and Little River, two submarkets undergoing major public & private
reinvestment thanks to Miami-Dade's wave of Live Local Act-driven projects.
--Corner Visibility Advantage: Highly visible corner with dual frontage along NW 54th Street, benefiting from traffic counts exceeding 25,000 daily vehicles
and direct adjacency to national QSR and retail tenants.
--Built-In Flexibility: Priced competitively to raw land alternatives on the basis of by-right allowances, preserving upside & optionality for future densification or higher-return programs/uses.
Property Facts
1 Lot Available
Lot
| Price | $1,609,230 CAD | Lot Size | 0.39 AC |
| Price Per AC | $4,126,230.89 CAD |
| Price | $1,609,230 CAD |
| Price Per AC | $4,126,230.89 CAD |
| Lot Size | 0.39 AC |
FULL DESIGN AND SITE PLAN APPROVAL FOR 21 UNITS (ALREADY THROUGH PERMITTING AND SHOVEL-READY ONCE PERMITS ARE PULLED AND IMPACT FEES PAID).
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3123-006-1140 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,150,228 CAD |
Property Taxes
Parcel Number
01-3123-006-1140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,150,228 CAD
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1090-1096 NW 54th St - Fully-Permitted + Approved 21 Unit Project
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