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444 W 17th St - Multi-Family Development Site
0.19 Acres of Commercial Land Offered at £789,000 in Hialeah, FL 33010
Investment Highlights
- Total Units: 9 (1BD/1BA) - pre-approved plans
Executive Summary
Situated on an 8,225 SF lot, the buyer will be able to assume the current approved plans and begin the permitting process
immediately. This Shovel-Ready site benefits from extremely favorable RU-3 zoning, which allows for redevelopment of multifamily residences to the maximum allowed density.
Located in close proximity to all major highways and transportation hubs, this parcel provides direct access to the bustling Hialeah business and industrial districts as well as the extensive growth of other highly sought-after residential districts. The growth of multifamily development in Hialeah is not only addressing the need for affordable workforce housing, but it is also helping to completely revitalize the neighborhood. With more people moving into the area, local business is flourishing, and the community is becoming more vibrant and diverse.
Property Facts
1 Lot Available
Lot
| Price | £789,000 | Lot Size | 0.19 AC |
| Price Per AC | £4,178,583 |
| Price | £789,000 |
| Price Per AC | £4,178,583 |
| Lot Size | 0.19 AC |
Exceptional development parcel in the emerging southside residential area of Hialeah. 444 Lofts is a truly dynamic development site and comes with complete approvals in place for a boutique 9-unit multifamily development.
Description
APEX Capital Realty is the exclusive listing broker for an exceptional development parcel in the emerging southside residential area of Hialeah. 444 Lofts is a truly dynamic development site and comes with complete approvals in place for a boutique 9-unit multifamily development. Situated on an 8,225 SF lot, the buyer will be able to assume the current approved plans and begin the permitting process immediately. This Shovel-Ready site benefits from extremely favorable RU-3 zoning, which allows for redevelopment of multifamily residences to the maximum allowed density. Located in close proximity to all major highways and transportation hubs, this parcel provides direct access to the bustling Hialeah business and industrial districts as well as the extensive growth of other highly sought-after residential districts. The growth of multifamily development in Hialeah is not only addressing the need for affordable workforce housing, but it is also helping to completely revitalize the neighborhood. With more people moving into the area, local business is flourishing, and the community is becoming more vibrant and diverse.
PROPERTY TAXES
| Parcel Number | 04-3013-014-0080 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £251,518 |
PROPERTY TAXES
zoning
| Zoning Code | RU-3 (Residential Multi-Family) |
| RU-3 (Residential Multi-Family) |
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Carl Gorman -
Apex Capital Realty LLC
Presented by
444 W 17th St - Multi-Family Development Site
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