50 Ne 54th St, Miami, FL 33137

$3,300,000
List Price
$3,300,000
MLS#
A10598090
Status
ACTIVE
Type
Commercial

Property Description

Unique opportunity to develop on a 34,000 SF lot on highly visible and busy 54th Street. Property has T5-O, T4-O and T4-R zoning making it ideal for a mixed-use project with retail and commercial components. It is also a great site to develop something that can service all the prime neighborhoods in the area: Belle Meade, Morningside, Palm Grove, and Bay Point. There is an existing commercial structure occupying approximately 9% of the total lot size that can be leased out to offset the holding cost while working on development plans.

Additional Information

Days on Market
159
Tax Amount
$19,691
Lot Size
34,000
Address
50 Ne 54th St, Miami
Year Built
1955
Section
24
Subdivision Number
10

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Calculator source: Real Geeks

Listing courtesy of Chariff Realty Group.