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1390 NW 22nd St
0.16 Acres of Industrial Land Offered at £784,410 in Miami, FL 33142
Investment Highlights
- Prime Location: 7,125 SF vacant lot in the rapidly growing Allapattah neighborhood, Miami.
- High Development Potential: Up to 90% lot coverage and maximum building height of 8 stories.
- Connectivity: Close to public transit and major hubs like Wynwood, Brickell, Downtown Miami, Health District, and Miami International Airport.
- Flexible Zoning: D2-Industrial District zoning allows for diverse uses including commercial, industrial, civic, and educational.
- Strategic Investment: Situated in an Opportunity Zone, offering potential tax benefits and future appreciation.
Executive Summary
Take advantage of this unique opportunity to own a prime piece of commercial vacant land in the rapidly developing neighborhood of Allapattah, Miami. This 7,125 square foot lot, situated in a D2-Industrial District Zone, offers immense potential for a variety of uses due to its flexible zoning regulations and high lot coverage allowance.
The continuous expansion of Wynwood into surrounding areas, including Allapattah, makes this lot an excellent investment. Property values are expected to rise as development progresses, offering significant future appreciation potential.
Don't miss out on this versatile and strategic investment opportunity in Miami's burgeoning Allapattah neighborhood.
Property Facts
| Price | £784,410 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Conditions | Development Sale | Total Lot Size | 0.16 AC |
| No. Lots | 1 |
| Price | £784,410 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Development Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.16 AC |
1 Lot Available
Lot
| Price | £784,410 | Lot Size | 0.16 AC |
| Price Per AC | £4,782,988 |
| Price | £784,410 |
| Price Per AC | £4,782,988 |
| Lot Size | 0.16 AC |
Description
This vacant lot at 1390 NW 22nd St., Miami, FL 33142 spans 7,125 square feet and is zoned D2-Industrial District. The zoning allows for a variety of commercial, civic, educational, and industrial uses, with up to 90% lot coverage and a maximum height of 8 stories. Located in the Allapattah neighborhood, the property is within an Opportunity Zone, providing potential tax benefits. It's close to major Miami hubs like Wynwood, Brickell, Downtown, and Miami International Airport, making it an attractive investment opportunity.
PROPERTY TAXES
| Parcel Number | 01-3126-045-0320 | Improvements Assessment | £1,754 |
| Land Assessment | £447,114 | Total Assessment | £448,868 |
PROPERTY TAXES
zoning
| Zoning Code | D2 (Lot Coverage: Up to 90% Maximum Height: 8 stories) |
| D2 (Lot Coverage: Up to 90% Maximum Height: 8 stories) |
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Will Reynoso -
Moecker Brokers
Presented by
1390 NW 22nd St
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