1649 NW 27th Ave Miami FL 33125 MLS #A11447325

Great opportunity for investors, end users or developers to acquire blank canvas centrally located on NW 27 Avenue next to Miami river. New owners can build up-to 8 stories zoned T6-8-O for mixed used of residential/commercial on 13,960 sq ft with a 5 FAR for estimated 69,000 total square feet of construction or approximately 48 units. For investors simply Landbank the property, HAVE A SHORT-TERM LEASE IN PLACE AT $9000 FOR UNTIL FEB 25, CAN BE TERMINATED WITH A 60 DAY NOTICE. Pays for itself while it appreciates in value. Centrally located with easy access to 836, only 10 minutes to the new soccer stadium, Magic City casino, Coral Gables, Brickell, Wynwood. BOTH LOTS MUST BE SOLD TOGETHER.