Address1690 Nw 19Th Ter, Miami, FL, 33125-1593

Price$3,600,000

  • Commercial Sale
  • Built in 1953

Civic Center/Allapattah corner development site in rapidly developing neighborhood. 21,450 sf lot with T-6-8-O zoning, which permits for up to 8 stories, 73 units by right & 147 w/benefits program or hotel/lodging use, retail office & hotel uses allowed, and more. Income in place, current tenants pay $10,000 gross rents per month and are on a month to month basis. Multiple projects in close proximity being built by well known local developers such as Neology, CFH Group, 1111, and more. The site is ideal for res development as it is walking distance from Miami's largest employment engine, the Civic Center Hospitals Complex; and also benefits from affordability zoning benefits such as deferred impact fees, reduced parking, easy access to downtown and local highways.

Essential Information

  • MLS® #A11455015
  • Price$3,600,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1953
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address1690 Nw 19Th Ter
  • Area31
  • CityMiami
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33125-1593

Additional Information

  • Date ListedOctober 5th, 2023
  • Days on Website229

Listing Details

Office

Fausto Commercial Realty Consultants Inc

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