About This Home
This 0-bedroom, 0-bathroom commercial at 279 NW 54th St in Miami, FL is listed for $825,000. Built in 1939, on a 0.15 acres lot.
Key Features
- Built in 1939
- 0.15 acre lot
Property Details
PRIME LITTLE RIVER/LITTLE HAITI REDEVELOPMENT OPPORTUNITY! Rare 6,650 SF development site with 50' of frontage directly on NW 54th Street with 17,200 Average Daily Traffic in one of Miami's fastest-evolving corridors. Located near Magic City Innovation District and Design District, and minutes from Allapattah, Wynwood, Midtown, MiMo and the Beaches, with easy access to I-95 and Biscayne Blvd.
T5-O Miami 21 zoning offers flexible potential for multifamily (city will allow 9 units; 5 stories with ground floor under-parking, per Seller), commercial, lodging and mixed-use development. Currently situated with a vacant, uninhabitable non income-producing duplex with abundant parking (currently with an offsite parking tenant), offering additional value-add or holding potential while planning future redevelopment.
A compelling opportunity to develop, reposition or generate income while benefiting from the continued growth of this dynamic Miami location.
Monthly Cost Estimate
$4,412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
279 NW 54th St
Miami, FL 33127
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 279 NW 54th St is listed at $825,000. The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1939, 0.15 acre lot.
This property is listed by Shane Graber and can be reached at 3056062200.