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Multi-Family

North Miami Development Opportunity

30-2219-000-0810, North Miami, FL 33161

Listing Price: $850,000

Lot Size
1.86 acres
Price/Acre
$456,987
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present, as exclusive advisory, the Pinecrest Land Development Opportunity. A 1.86-acre parcel of land located at 0 NE 2nd Ct. North Miami, Florida 33161 (Folio #: 30-2219-000-0810). The property is currently zoned RU-3M, which allows 12.9 Multifamily Units Per Acre and the ability to go up Two (2)-stories or 35 feet. The site currently offers the opportunity to provide low-density multifamily housing (i.e. Townhomes, Nursing Homes, Rehab Facilities, Childcare & Educational Facilities), allowing easy access to the surrounding clinics and nursing communities within the urban development boundary, and with the possibility to be up-zoned to a higher density.

This property is centrally located less than one mile East of Interstate 95 and West of West Dixie Highway. Additionally, the property is conveniently located within the local North Miami School District, and nearby surrounding retail centers and supermarkets.

Investment Highlights

  • 1.86 Acre Parcel (81,022 SF)
  • Within Urban Development Boundary
  • Possibility to Up-Zone
  • Easy Access to I-95 & West Dixie Highway

Exclusively Listed By

Multi-Family

North Miami Development Opportunity

Listing Price: $850,000

Lot Size
1.86 acres
Price/Acre
$456,987
Land Type
Land

Investment Highlights

  • 1.86 Acre Parcel (81,022 SF)
  • Within Urban Development Boundary
  • Possibility to Up-Zone
  • Easy Access to I-95 & West Dixie Highway

Investment Overview

Marcus & Millichap is pleased to present, as exclusive advisory, the Pinecrest Land Development Opportunity. A 1.86-acre parcel of land located at 0 NE 2nd Ct. North Miami, Florida 33161 (Folio #: 30-2219-000-0810). The property is currently zoned RU-3M, which allows 12.9 Multifamily Units Per Acre and the ability to go up Two (2)-stories or 35 feet. The site currently offers the opportunity to provide low-density multifamily housing (i.e. Townhomes, Nursing Homes, Rehab Facilities, Childcare & Educational Facilities), allowing easy access to the surrounding clinics and nursing communities within the urban development boundary, and with the possibility to be up-zoned to a higher density.

This property is centrally located less than one mile East of Interstate 95 and West of West Dixie Highway. Additionally, the property is conveniently located within the local North Miami School District, and nearby surrounding retail centers and supermarkets.

Exclusively Listed By

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