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116 S Miami Ave - Downtown Miami Development Site - Messina

0.1 Acres of Commercial Land Offered at £3,565,486 in Miami, FL 33130

Investment Highlights

  • Near 2 metro stations | Transit Oriented Development Site “TOD”
  • Live Local Act allows up to 102 units by right
  • Assemble for $3.5 mm additional for adjacent site at 122 S. Miami Ave
  • On S. Miami Ave with direct access over the Bridge to Brickell City Center
  • Architectural work for 34 rentals & 1 retail; design to your development goals
  • Walking distance to Publix, Aldi & Wholefoods

Executive Summary

Downtown Miami Development Site with the potential to build up to 102 units as in a Transit Oriented Development (“TOD”) area using a Live Local/SB-102 Act submission. No filings submitted. Zoned T6-80-O. The property is close to major new Luxury Developments, the Flagler Street Pedestrian Promenade, & one block to the Miami Ave Metro-station at SE/SW 1st Street. Within minutes arrive at Brickell City Center, Miami World Center, Kaseya Center, Arts & Entertainment District, Bayfront Park; or via Miami Central Station connect to Miami’s Airport or Brightline. Ample shopping includes Whole Foods, Publix & Aldi. Site set amongst tourist destinations, office buildings, dining & nightlife spots, & cultural attractions. Also, assemble for an additional $3.5 mm adjacent property 122 S. Miami Ave.

Property Facts

Price £3,565,486
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.10 AC

1 Lot Available

Lot 1

Price £3,565,486
Price Per AC £34,667,868
Lot Size 0.10 AC

Downtown Miami Development Site to build up to 102 units as in a Transit Oriented Development (“TOD”) area using Live Local/SB-102 Act. Zoned T6-80-O. Potential to assemble with 122 S. Miami Ave for additional $3.5 mm for total of $8.0 mm for both

Description

Downtown Miami Development Site with the potential to build up to 102 units as in a Transit Oriented Development (“TOD”) area using a Live Local/SB-102 Act submission. No filings submitted. Zoned T6-80-O.

Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code T6-80-O (T6-80-O & TOD and use with Live Local Act/SB-102)
T6-80-O (T6-80-O & TOD and use with Live Local Act/SB-102)
  • Listing ID: 34207296

  • Date on Market: 15/12/2024

  • Last Updated:

  • Address: 116 S Miami Ave, Miami, FL 33130

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