Tbd 214 StreetMiami, FL 33177Price: $663,000

Excellent development opportunity in Miami! This vacant lot offers strong upside potential with zoning allowing up to 4 units under current guidelines. Preliminary plans include a duplex-style main building with each side offering approx 1,600 SF., 3 bedrooms, 2 bathrooms, plus a separate approximately 600 SF. 1-bedroom ADU in the rear. Proposed site plan includes parking for up to 6 vehicles with rear driveway access. Current plans are designed under septic guidelines and may allow up to 6 total bedrooms without sewer connection, subject to approvals. Property may qualify for low-income housing incentives depending on final plans and approvals. Potential may exist to build up to four stories through Miami-Dade zoning approval processes without variances, subject to approvals. Sewer is projected to be brought to the front of the property within the next several years per Miami-Dade Water & Sewer Department, which could increase future redevelopment and density opportunities. Buyer and Buyer’s Agent must independently verify all zoning, land use, density, sewer availability, development potential, permits, utilities, setbacks, parking, environmental conditions, and approvals. Any plans, renderings, concepts, or statements regarding future development potential are preliminary, subject to change, and not guaranteed. Seller and Listing Brokerage make no warranties or representations. All information should be independently verified through Buyer’s due diligence.