Description
The Hype Real Estate Group is proud to exclusively present the opportunity to purchase a development site for 67 multifamily units. This property is located in the urban center of Miami with proximity to employment, retail, schools, and highways. The current site plan carries a majority of 2 bedroom units with an approved reduction of parking requirements. The county has approved this higher density in exchange for 25% of the units being allocated to workforce housing (80-120% of AMI).Additionally, the Sellers have achieved site plan approval on another parcel (8 blocks away) for 36 units - which would allow an investor to purchase the bulk package and build 103 units in a high-demand corridor.
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0BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The Hype Real Estate Group is proud to exclusively present the opportunity to purchase a development site for 67 multifamily units. This property is located in the urban center of Miami with proximity to employment, retail, schools, and highways. The current site plan carries a majority of 2 bedroom units with an approved reduction of parking requirements. The county has approved this higher density in exchange for 25% of the units being allocated to workforce housing (80-120% of AMI).Additionally, the Sellers have achieved site plan approval on another parcel (8 blocks away) for 36 units - which would allow an investor to purchase the bulk package and build 103 units in a high-demand corridor.
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