$578,000
For Sale

125 NE 55th St

Miami, FL 33137
Type:Purchase
Structure:Land
Zone:Commercial

Description

Shovel-ready opportunity in the rapidly growing Magic City District! This vacant lot includes approved plans for a 5-unit multifamily project (two 2BD/1BA + three 2BD/2BA) with a City of Miami approvals. Save valuable time and upfront costs with plans and approvals ready to go to construction. The surrounding neighborhood is seeing rapid redevelopment, with newly finished buildings operating as Airbnb rentals and additional projects underway. Located just minutes from the Design District, this property is positioned for strong long-term growth and offers a turnkey path for investors seeking their next build.

  • Property Details
      • Utility FeaturesNo Utilities, Electricity Available, Natural Gas Available, Other, Phone Available, Sewer Available, Trash Removal, Water Availa
      • Lot DescriptionCity Location, Near Airport, Less Than 1 Acre
      • Sewer InformationPublic Sanitation
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Property SubtypeCommercial Land
      • SubdivisionTRANQUILLA
      • MLS #A11866898
      • MLS #A11866898
      • Property TypePurchase
      • Cost578000
      • Acres0.145

Location

Luxe PropertiesReal Estate Group
OR

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Get an estimate on monthly payments on this property.

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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