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Little River Assemblage 3 Land Properties Offered at $2,074,651 CAD in Miami, FL

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INVESTMENT HIGHLIGHTS

  • Lots are located on a T-3, T-4, and T-5, R zoning

EXECUTIVE SUMMARY

The properties consist of three vacant lots "Little River " subdivision of Miami FL. The lots have similar zoning allowing for more density on the T5 lots and less on the T3. Combined, the lots total 27,080 ft of land with the potential "by right" to build twenty-three units. The owners' vision is that of a loosely tied "Townhome Enclave". All the parcels are positioned centrally within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% before 2019.
-119 NW 61st St
The subject property is a one-parcel lot. The site has approximately 50 ft frontage on NW 61 Street North to South and close to 148 ft deep.
Property Highlights:
0.17 AC Lot
7,150 SF Lot
T-3, O zoning
(4) buildable units: $492,424.00
-5527 NW Miami Ct
The subject property is a one-parcel lot. The site has approximately 80 ft frontage on NW Miami CT East to West and close to 118 ft deep.
Property Highlights:
0.23 AC Lot
9,947 SF Lot
T-4, R zoning
(8) buildable units: $666,666.00
-6345 NE 1st Ave
The subject property is a one-parcel lot. The site has approximately 52ft frontage on NE 1 Ave East to West and close to 95 ft deep.
Property Highlights:
0.11 AC Lot
4,750 SF Lot
T-5, R zoning
(2) buildable units: $327,135.00

PROPERTY FACTS

Price $2,074,651 CAD
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Land Area 0.56 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE INDIVIDUAL PRICE
Little River Townhome Enclave
119 NW 61ST STREET, Miami, FL 33127
Land 0.23 AC -
5527 NW Miami Ct, Miami, FL 33127 Land 0.22 AC -
6345 NE 1st Ave, Miami, FL 33138 Land 0.11 AC -
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  • Listing ID: 31429054

  • Date on Market: 2024-04-05

  • Last Updated:

  • Address: Little River Assemblage, Miami, FL

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