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125 NE 55th St, Miami FL 33137 - $889,599


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$889,599

For Sale

125 NE 55th St, Miami FL 33137

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START BUILDING IMMEDIATELY!!! Vacant lot for sale with plans for a 5 unit building. Lot is located in the upcoming Magic City Neighborhood Just 5 minutes north of the Design District. Plans are for 2 (2 bedrooms 1 bathroom) and 3 (2 bedroom 2 bathrooms). Plans have been submitted to the City of Miami and process number BD23-022574-001. The attached plans are worth $70,000 and 9-12 months processing of which they were submitted a year ago. Across the street a 5 unit complex just finished and is being used for Airbnb and two more multi-fam developments which broke ground as new construction. The lot will be sold with attached approved building permits to begin construction. Please contact the listing broker for any additional questions.

listBasic Facts

  • Subdivision: Tranquilla
  • Taxes: $5,992/yr
  • Lot dimensions: 50x145

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