A prime covered land assemblage in the core of Edgewater containing a total of 5 previously assembled parcels The offering contains a total of 30,266 SF or 0.70 of an acre and spans a full city block between NE 26th Terrace & NE 27th Street. The sale includes a sizeable existing office building of nearly 14,000 SF which can be leased in the interim to provide substantial holdover income until a future project is recognized. There are 3 existing multi-family buildings totaling 8,151 SF of leasable living area.
Located within a Qualified Opportunity Zone & zoned T6-36A-O for the maximum height & density allowed in the neighborhood, the assemblage allows for a developer to build up to 36 stories &103 multi-family units, or 206 hotel keys before bonuses.
Courtesy of: APEX Capital Realty LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 5th October, 2022 8:26 AM (UTC)