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1121 Nw 29th St, Miami, FL 33127

$2,500,000

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List Price: $2,500,000
MLS#: A12111679
Status: ACTIVE
Type: Commercial

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Property Description

Fantastic opportunity with lots of possibilities! Parking lot and well maintained building both included in sale. Building has warehouse, kitchen, 2 bathrooms, manufacturing areas, numerous reception, office, and meeting rooms Both zoned T4-O provides incentives for Mixed-Use Multi-Family Development. Possible potential for developed at a density of 36 units/acre, for development, a total of 9 units. Building of 9 units erected above the parking could possibly be done. Based to its proximity to SW 12 Ave., a possible Transit Corridor, that additional bonuses for units could be granted. Also, available via Workforce Housing etc. , Density Bonuses that could be granted, parking reductions etc. Great location walking distance to Wynwood, near 1-95 Only 1.4 miles away from Mana Wynwood which Ken Griffen recently purchased and Carnegie Melon University will be built!

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Additional Information

Days on Market: 0
Tax Amount: $6,435
Water Access: Building & Land, Fixtures
Parcel Number: 01-31-26-036-1460
Lot Size: 10,150
Directions: Please follow GPS instructions
Address: 1121 Nw 29th St, Miami
Year Built: 1940
Section: 26