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120 NE 25th St - 120 NE 25th St, Miami, FL 33137-4835 2,687 SF Specialty Building Offered at $3,461,025 CAD in Miami, FL 33137

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EXECUTIVE SUMMARY

The best of both worlds - a premier development opportunity in the epicenter of Miami's best areas, perfect for immediate development or an investor to occupy or carry via tenancy. T6-8-0 zoning permits a maximum of 8 stories without limitations & a variety of mix-use development: single family, multi-family residences, hotels, bed & breakfasts, inns, and small lodging permitted by exception, & office space permitted in a limited capacity. The price per foot on this street is set to skyrocket, with Miami's prestigious new Soho House location just over 100 ft away on this low-traffic cul-de-sac. The entire block has been recently approved by city council for up-zoning. Buy to build or buy to hold, as it is currently a home with 3-bedrooms & 2.5 baths and a 1-bedroom, 1-bath guest house.

PROPERTY FACTS

Price	$3,461,025 CAD	Lot Size	0.18 AC
Price Per SF	$1,288.06 CAD	Building Size	2,687 SF
Sale Type	Investment or Owner User	No. Stories	1
Sale Condition	Redevelopment Project	Year Built	1920
Property Type	Specialty	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-8-O - T6-8-0 zoning permits a maximum of 8 stories without limitations & a variety of mix-use development

Price	$3,461,025 CAD
Price Per SF	$1,288.06 CAD
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
Property Type	Specialty
Lot Size	0.18 AC
Building Size	2,687 SF
No. Stories	1
Year Built	1920
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-8-O - T6-8-0 zoning permits a maximum of 8 stories without limitations & a variety of mix-use development