$535,000

1224 NW 59, Miami, FL 33142

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport. Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit. Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions. An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Listing Status:
Active
Date Added:
May 4, 2026
Data Last Updated:
May 19, 2026 at 10:06PM
Listing Office:
Miami Dream Properties Inc. : 7863618411
Listing Agent:
Natalie Duran : 305-877-0337
MLS ID:
A12017553
  • Road/Access: City/County Maintained
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 3901ORCHARD VILLA EXT PB 17-55 LOT 9 BLK 7 LOT SIZE 50.000 X 106 COC 24557-4280 05 2006 601-31-14-043-1240
  • Current Use: Other UsageOther Style
  • Utilities: Other Utilities AvailableWater ConnectedWater Available
  • Water: Municipal Water
  • Sewer: OtherPublic Sanitation
  • Source: Miami Association of REALTORS®

This listing courtesy of Natalie Duran , Miami Dream Properties Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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