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1224 NW 59, Miami, Florida 33142

Active For Sale
$535,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 3 in 59 days

Description

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.rnrnExcellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.rnrnSituated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.rnrnAn ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: ORCHARD VILLA EXTENSION
  • Zipcode: 33142
  • Street: 59
  • Street Number: 1224
  • Floor Number: 0
  • Longitude: W81° 41' 13.9''
  • Latitude: N25° 46' 59.6''
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 50x103
  • New Taxes Expense: $0
  • Tax Annual Amount: $3,560
  • Utilities: Water Available

Location

Listing Updated: 2026-05-13 01:30:25

  • Property Type : Land
  • Property Sub Type : Commercial
  • Listing Type : For Sale
  • Listing ID : A12017553
  • Price : $535,000
  • View : Intercoastal, Ocean, Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.12 Acre
  • Listing Status : Active
  • Days On Market : 59
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