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Health District/High Land Park 1 Land Properties Offered at $13,645,000 CAD in Miami, FL
Investment Highlights
- Massive Live Local Density Upside
- Immediate Cash Flow While You Entitle
- Prime Transit-Oriented Location Minutes from the Culmer Metrorail Station Within the City of Miami TOD overlay Within Miami-Dade RTZ influence area
Executive Summary
This prime assemblage offers five parcels ready for transformative development under the Live Local Act. The first three adjacent parcels, totaling 24,000 square feet (addresses: 914 NW 12th St Rd, 1180 NW 11th St Rd, and 1158 NW 11th St Rd), are zoned T6-8-L. With Live Local, you could potentially build approximately 550 units. These parcels currently generate rental income, with potential to optimize further.
Next, the 9,000-square-foot property at 1234 NW 9th Ave (T6-8-L) already yields $8,000 monthly. Applying the Live Local Act, you could potentially develop around 200 units.
Finally, the 5,750-square-foot lot at 741 NW 10th St (T6-8-O) currently brings in $3,000 per month. With Live Local, it could yield roughly 132 units, subject to setbacks and requirements.
These parcels are near the Culmer Metrorail station and within the RTZ and TOD zones, offering transit-oriented development benefits. All development is subject to city approvals. Contact us today to explore this exceptional opportunity!
Next, the 9,000-square-foot property at 1234 NW 9th Ave (T6-8-L) already yields $8,000 monthly. Applying the Live Local Act, you could potentially develop around 200 units.
Finally, the 5,750-square-foot lot at 741 NW 10th St (T6-8-O) currently brings in $3,000 per month. With Live Local, it could yield roughly 132 units, subject to setbacks and requirements.
These parcels are near the Culmer Metrorail station and within the RTZ and TOD zones, offering transit-oriented development benefits. All development is subject to city approvals. Contact us today to explore this exceptional opportunity!
Property Facts
| Price | $13,645,000 CAD | Status | Active |
| Sale Conditions | Number of Properties | 5 | |
| Cap Rate | 2.18% | Individually For Sale | 0 |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Price | $13,645,000 CAD |
| Sale Conditions | |
| Cap Rate | 2.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 1234 NW 9th Ave, Miami, FL 33136 | Land | 0.21 AC | - |
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Health District/High Land Park
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