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125 NE 55th St, Miami FL 33137 - $795,000



$795,000

Short Sale

125 NE 55th St, Miami FL 33137

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storefrontCommercial Land

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!

listBasic Facts

  • Subdivision: Tranquilla
  • Taxes: $6,911/yr
  • Lot dimensions: 50x145
  • APN: 01-31-13-064-0200

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