Multifamily Redevelopment Opportunity Adjacent to Wynwood

Highlights:

• 0.344 Acres (Vacant Lot next door potential purchase)
• 15,000 Square Feet of Land
• 2 Blocks from Biscayne Blvd.
• 12 residences Apartment
• T6-8 Zoning
• 8,957 sf of living space
• Solid cbs construction
• Media & Entertainment District MF Submarket Rental/Investment/Re-development
• Property located in the Midst of Midtown, Wyndwood, Edgewater and Downtown Miami, FL

Description:

This Redevelopment Opportunity is located two blocks West of Biscayne Blvd. encompasses 15,000 TOTAL SQ.FT. OF LAND in the next HOT AREA for upcoming development. Including 11 Apartments Income Producing, Apartments can be rented by the night, week or month. Apartment Buildings 2 Contiguous is located on NE 22nd Street.

Thanks to the warm Gulf Stream currents and balmy trade winds, Miami has sub-tropical weather, which is generally pleasant all year long. There are two seasons here. Summer, which lasts from May through September with temperatures mostly in the upper 80's to mid 90's; and Winter, from October through April with temperatures mostly in the upper 70's to mid 80's. The subject property is located in the midst of Miami Downtown, Wynwood, & Edgewater districts. The seeming uptick in the world economy, plus increased demand in the Florida real estate market and Less & Less land for development groups which will find the location favorable to purchase and hold for future development.

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