125 NE 55th St, Miami, FL 33137

Commercial Property
Built in ——
6,970sqft lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

Start building immediately! This vacant lot comes with approved plans for a 5-unit residential building, saving you $70,000 in design costs and nearly a year of permitting time. Located in the rapidly growing Magic City District, 5min from Design District, this area is booming with new multi-family developments. The approved plans include: Two: 2bd/1ba | Three: 2bd/2ba. With a City of Miami permit already in process (BD23-022574-001), this is a turnkey opportunity for investors looking to capitalize on the area’s growth. A newly completed 5-unit complex across the street is already operating as an Airbnb, and two more multi-family projects are under construction nearby. Don’t miss this chance to secure a shovel-ready lot. Contact the listing broker for more details!

Listing Status:: Active
Date Added:: February 8, 2025 at 06:00AM
Listing Office:: The Lab Realty Group, LLC : 786-791-7433
Listing Agent:: Emilio Alvarez : 305-898-8330
MLS ID:: A11742544

Road/Access: County RoadCity/County MaintainedPublic Road
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

This listing courtesy of Emilio Alvarez, The Lab Realty Group, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Toussaint L'Ouverture Elementary School

120 NE 59th St, Miami, FL, 33137

Grades PK-5

0.21 miles away

Young Men's Preparatory Academy

3001 NW 2nd Ave, Miami, FL, 33127

Grades 6-12

1.52 miles away

Itech@Thomas a Edison Educational Center

6101 NW 2nd Ave, Miami, FL, 33127

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.