For Sale
$575,000

2600 24Th Ct Miami, FL 33142

Prime Corner Lot, 6+ Units Possible

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 575,000 USD property presents a unique investment opportunity in Miami's thriving Allapattah neighborhood. Situated at 2600 NW 24th Ct, this large corner lot boasts a T4R zoning classification, permitting the construction of six residential units as of right. However, the high demand for affordable housing in this area makes this site an ideal candidate for workforce or affordable housing incentives, potentially doubling the allowable density to up to thirteen units. Imagine a townhome-style development capitalizing on this potential. The strategic location near three major employment centers—Jackson Memorial Hospital, the Miami-Dade Courthouse, and the University of Miami's research facilities in the Health District—guarantees a consistent demand for quality housing. This translates to a high-yield project for developers seeking to capitalize on Allapattah's rapid growth and high employment density. The property's address is 2600 NW 24th Ct, Miami, FL 33142, in Miami-Dade County. This is a rare chance to acquire a well-positioned lot in a rapidly appreciating area, offering significant potential for substantial returns. Don't miss this chance to be part of Allapattah's exciting transformation.

Highlights

  • $575,000 asking price.
  • Special purpose property located in Miami, FL.
  • Large corner lot zoned T4R, allowing for 6 units by right, with potential for up to 13 units with incentives.
  • Prime location in Allapattah, near major employment hubs including Jackson Memorial Hospital, Miami-Dade Courthouse, and University of Miami.

Property Details for 2600 24Th Ct

Property type
Specialty properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8000789
Longitude
-80.2370171

FAQs

What type of property is this?
Specialty property - Prime Corner Lot, 6+ Units Possible
Where is the specialty property located?
The property is located at 2600 24Th Ct Miami, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: $575,000 asking price.; Special purpose property located in Miami, FL.; Large corner lot zoned T4R, allowing for 6 units by right, with potential for up to 13 units with incentives.
How can I contact the broker?
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2600 24Th Ct
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