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Commercial - for Sale

1895 NW 75TH ST, MIAMI, FL 33147

Asking Price$489,500 Change Price$34,940

  • Days on market:

    207 day(s)
  • Original Price:

    $599,999
  • Tax Legal Description:

    10 53 41 .43 AC M/L THAT PART OF SW1/4 OF NE1/4 OF SE1/4 LYG S OF SLY R/W/L OF NW 75TH ST LESS W160FT LOT SIZE 18730 SQ FT COC 26162-0373 12
  • Tax Year:

    2023
  • Property Type:

    Commercial
  • Waterfrontage (sqft):

    321
  • Lot Features:

    City Location Less Than 1 Acre Cleared Land Irregular Lot

Description

$489,500

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.

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