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515 NW 12th Ave - Havana 12
0.52 Acres of Commercial Land Offered at £4,107,863 in Miami, FL 33125
Investment Highlights
- Zoning: T6-8-O
- FLR by Right: 112,500 SF (5)
- This site provides easy access to major highways and is close to the Miami Health District and River District, Wynwood, and Downtown Miami
- Zoned as of right for: 77 Units
- The property qualifies for Live Local incentives, offering increased density and tax benefits.
- The property comprises adjacent parcels at the corner of NW 15th Street and NW 12th Avenue, within walking distance of LoanDepot Park and W Flagler St
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Property Facts
1 Lot Available
Lot
| Price | £4,107,863 | Lot Size | 0.52 AC |
| Price Per AC | £7,952,821 |
| Price | £4,107,863 |
| Price Per AC | £7,952,821 |
| Lot Size | 0.52 AC |
The property comprises adjacent parcels at the corner of NW 15th Street and NW 12th Avenue, within walking distance of LoanDepot Park and W Flagler Street. The site features approximately 10,000 SF of existing space across multiple buildings.
Description
As the exclusive listing broker, Colliers is pleased to offer for sale 515 NW 12th Avenue — a prime 0.52-acre (22,500 SF) development opportunity in the heart of Little Havana, just blocks from LoanDepot Park. This strategically located site provides easy access to major highways and is close to the Miami Health District and River District, Wynwood, Downtown Miami, Brickell, Edgewater, South Beach, LoanDepot Park, and Miami International Airport. The property comprises adjacent parcels at the corner of NW 15th Street and NW 12th Avenue, within walking distance of LoanDepot Park and W Flagler Street. Currently, the site features approximately 10,000 SF of existing space across multiple buildings, generating income of $84,035 annually during the entitlement process. Zoned T6-8-O, the site is ideal for dense and flexible mixed-use development, allowing for up to 150 units per acre (77 units) with a 5 FLR, plus a 30 percent bonus for a total developable area of approximately 175,000 SF. Additionally, the property qualifies for Live Local incentives, offering increased density and tax benefits.
PROPERTY TAXES
| Parcel Number | 01-4102-005-6200 | Improvements Assessment | £18,231,985 |
| Land Assessment | £2,618,313 | Total Assessment | £20,850,298 |
PROPERTY TAXES
zoning
| Zoning Code | T-6-8-O (the site is ideal for dense and flexible mixed-use development, allowing for up to 150 units per acre (77 units) with a 5 FLR, plus a 30 percent bonus) |
| T-6-8-O (the site is ideal for dense and flexible mixed-use development, allowing for up to 150 units per acre (77 units) with a 5 FLR, plus a 30 percent bonus) |
Presented by
515 NW 12th Ave - Havana 12
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