Braddocks Sub No 3
$18,750,000
Miami, FL 33142
Highlights:
- Lot Features: City Location, Less Than 1 Acre, Regular Lot
- Ownership: Corporation
Description:
ENTITLEMENT STACK: LIVE LOCAL ACT (LLA) + ALLAPATTAH CRA + FEDERAL OPPORTUNITY ZONE + EMPOWERMENT ZONE + ENTERPRISE ZONE ***** PRECEDENT FOR LLA BUILDING HEIGHT: ~1 mile from 29-story tower at 1500 NW N River Dr ***** ˜Theoretical max ~480 units with Live Local Act density/height provisions ***** ˜0.5 miles to Santa Clara Metrorail *** Minutes to Jackson Memorial, Airport, Port & Downtown Miami ***** EMPLOYMENT BASE: NW 20th St corridor (one of Miami's largest job hubs) *** Potential easement along north boundary *** Possible acquisition of City-owned parcel to the east *** Seller may lease back for $1/mth (up to 12 mths or less at seller's discretion) **** All figures/entitlements are estimates, Buyer responsible for independent verification & due diligence *** SEE BROKER REMARKS
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