Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1560 NW 15th Street Rd
Miami, FL 33125
Little Havana 1 · Multifamily Property For Sale · 16 Units

Investment Highlights

  • SB102/Live Local eligible site - a verifiable covered land play with High Density development potential
  • TOD benefits eligible

Executive Summary

Extraordinary investment opportunity in the heart of Allapattah by the Civic center and River Landing retail center, boasting an exceptional 1970s CBS construction covered-land play. This sixteen (16)-unit apartment building, situated on a 15,526 SF lot zoned T6-12-O w/parking is prime for developers. This high density zoning of 150 du/acre also qualifies by right for TOD benefits given proximity to UHealth Station, it is further enhanced with SB120/Live Local, height is limited only by FAA, density could be potentially over 300 units. In other words, the only density or height limitation on this property will be based on how efficiently you handle parking within the building envelope. Each apartment features a well- designed floor plan w/1 bed & 1 bath, providing consistency and ease of management. Within walking distance to River Landing, Civic Center, the VA, and metro rail. A full range of entertainment and commercial amenities including office space, hotel, shops, restaurants. Further, its located near the bustling Miami Intl Airport, Wynwood, Downtown, Brickell and several other employment centers, residents will be motivated to live in this centric and thriving neighborhood that is gaining traction in the vibrant and culturally diverse city that is undergoing a massive transformation. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. Reach out to us now to explore this remarkable property further and unlock the potential it holds for you.

Property Facts

Price Per Unit $361,492 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 9,856 SF
Average Occupancy 100%
No. Stories 2
Year Built 1972
Parking Ratio 1/1,000 SF
Zoning 6100 - 0303 - Multifamily 10 Units Plus

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Range

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - -

Property Taxes

Property Taxes

Parcel Number
01-3135-032-0250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$386,954 CAD
  • Listing ID: 33827195

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 1560 NW 15th Street Rd, Miami, FL 33125

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}