The best of both worlds - a premier development opportunity in the epicenter of Miamis best areas, perfect for immediate development or an investor to occupy or carry via tenancy. This 7,668 ft lot has T-6-O zoning with a further density upside via TOD zone and Live Local variances, and will one day certainly be home to a tower or high density site. The price per foot on this street is set to skyrocket, with Miamis prestigious new Soho House location just over 100 ft away on this low-traffic cul-de-sac. The entire block has been recently approved by city council for up-zoning. Buy to build or buy to hold, as it is currently home to a luxury 3-bedrooms and 2.5 luxurious baths main house and 1/1 guest house. Don’t miss this chance to lock in your piece of the future Miami skyline!
- Address 120 NE 25th St
- City Miami
- County Miami-Dade
- Zip 33137
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Price
$3,000,000
($1,116 / SqFt) - Status Active
- Subdivision Park Place
- Pets Allowed No
- MLS® # A11667451
- Property Type Residential
- Property Sub TypeSingle Family Residence
- Status Active
- Square Feet 2,687
- Year Built 1920
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $31,829
- Tax Year 2023