Start building immediately! This vacant lot comes with approved plans for a 5-unit residential building, saving you $70,000 in design costs and nearly a year of permitting time. Located in the rapidly growing Magic City District, 5min from Design District, this area is booming with new multi-family developments. The approved plans include: Two: 2bd/1ba | Three: 2bd/2ba. With a City of Miami permit already in process (BD23-022574-001), this is a turnkey opportunity for investors looking to capitalize on the area’s growth. A newly completed 5-unit complex across the street is already operating as an Airbnb, and two more multi-family projects are under construction nearby. Don’t miss this chance to secure a shovel-ready lot. Contact the listing broker for more details!
- Address 125 NE 55th St
- City Miami
- County Miami-Dade
- Zip 33137
- Price $795,000
- Status Active
- Subdivision Tranquilla
- Pets Allowed No
- MLS® # A11742544
- Property Type Land
- Property Sub Type
- Status Active
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $6,911
- Tax Year 2024