Wofford Johnsons Resub For Sale
459 Ne 25th St, Miami, FL 33137

$1,950,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11068203
  • Virtual Tour: YES
  • List Price: $1,990,000
  • Sold Price: $1,950,000
  • Taxes:$44,625
  • Listing Date:July 9, 2021
  • Sold Date: April 12, 2022
  • Days On Market:276

Description


Development opportunity on a 8,880 Sqft Lot in the heart of Edgewater, Miami. Conveniently located between Biscayne Blvd and Biscayne Bay. Land Use per Miami21 calls for Zone T6-36A-L. The T6 zone has the greatest number and variety of uses. Limited (L) single family, multifamily residences, Hotels, Bed & Breakfasts, and Inns, Office space permitted in a limited capacity. Proposed Site Study (attachments) with 29 units with 21,080 rentable area. Next door lot to the East, a bit smaller (8,325) was successfully developed into a 6 story 20 unit condo built in 2004. Great Land Play as property is currently operating as a triplex consisting of 3/2, 2/1 and 1/1 generating $4,800/month on month to month agreement. Do not disturb tenants, please schedule showings with agent.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker