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1225 NE 116th St - 0.98 Acre Development Site with Cash Flow Lot • Terrain commercial • 0,98 Acres • 3 514 741 $ CAD • Miami, FL 33161
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Income-Producing Development Site (Duplex + Single-Family Home)
- Established Rezoning Path from RU-2 to MCD (Nearby Precedent)
- Strategic Biscayne Corridor Location
- ±0.98 Acre (˜42,640 SF) Lot with Dual Frontage on NE 116th St & NE 115th St
- Month-to-Month Income While Pursuing Entitlements
RÉSUMÉ DE L'ANNONCE
While this site has not yet undergone rezoning, its size, frontage, and location closely align with the approved neighboring parcel, offering buyers a defined framework for pursuing a comparable entitlement strategy, subject to all required county reviews and approvals.
Potential Zoning Strategy (Subject to Approval):
Target Zoning: Mixed-Use Corridor District (MCD)
Conceptual Development Potential (Buyer to Verify):
• Multifamily or mixed-use development
• Height and intensity consistent with corridor standards
• Density and use flexibility aligned with recent nearby approvals
All zoning, density, height, and development assumptions are conceptual only and must be independently verified by the buyer through Miami-Dade County.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL (CAD) | ANNUEL PAR AC (CAD) |
|---|---|---|
| Revenu de location brut |
99 240 $
|
101 378,85 $
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
99 240 $
|
101 378,85 $
|
| Revenu net d’exploitation |
-
|
-
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 99 240 $ |
| Annuel par AC | 101 378,85 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 99 240 $ |
| Annuel par AC | 101 378,85 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot 1
| Prix | 3 514 741 $ CAD | Taille du lot | 0,98 AC |
| Prix par AC | 3 590 501,05 $ CAD |
| Prix | 3 514 741 $ CAD |
| Prix par AC | 3 590 501,05 $ CAD |
| Taille du lot | 0,98 AC |
Income-producing site in Miami-Dade’s Biscayne Corridor. ±0.98 acres (42,640 SF) with dual frontage on NE 116th St and NE 115th St. Improved with a duplex and single-family residence providing interim rental income.
DESCRIPTION
Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42,640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.
Impôts fonciers
| Numéro de lot | 30-2232-015-0410 | Évaluation des bâtiments | 0 $ CAD (2025) |
| Évaluation du terrain | 0 $ CAD (2025) | Évaluation totale | 732 891 $ CAD (2025) |
Impôts fonciers
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1225 NE 116th St - 0.98 Acre Development Site with Cash Flow
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