1895 75 Street, Miami, FL 33147

$299,000 — Active

Property Features

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Prime commercial land located in a designated Opportunity Zone, offering significant tax incentives for investors! This lot is zoned BU-1 (Neighborhood Business District), allowing a variety of uses including retail stores, service establishments, offices, restaurants, cafes, and car washes. The zoning permits a maximum building height of 2 stories or 35 feet, with a Floor Area Ratio (FAR) of 0.40 for 1 story, increasing by 0.11 for each additional story. Setbacks include 20 feet front, 20 feet rear from residential boundaries or 5 feet from BU/IU boundaries, 0 feet interior side adjacent to BU/IU districts, and 15 feet side street or 25 feet if adjacent to a residential district. Perfect for developing a mixed-use project that meets the essential needs of the local community.

▼ Price Reduced β€” originally listed at $599,999

Property Details

  • Listing ID: A11629713
  • Status: Active
  • Listing Date: 2024-07-28
  • Property Type: Unimproved Land
  • Subdivision:
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 18730

Financial

  • List Price: $299,000
  • Original List Price: $599,999
  • HOA Fee: None
  • Taxes: $3,219/yr

Features & Amenities

Courtesy of Modern World Realty

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