For Sale
$1,400,000

2451 54Th St Miami, FL 33142

Prime Miami location, high-density potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Miami property at 2451 NW 54th St offers a unique investment and development opportunity. The sale includes a free-standing restaurant building, situated on a corner lot encompassing approximately 11,250 square feet, comprised of two adjoining lots. Built in 1954, this property presents a chance to contribute to the community's development. The zoning allows for the construction of a mixed-use building with up to 2-10 floors and a maximum density of 90 units, making it ideal for a multi-family development with ground-floor retail. The location is approximately 10 minutes from Wynwood, placing it within a thriving mixed-use corridor and designated Opportunity Zone community. Building setbacks are 25 feet for structures up to 35 feet in height. The asking price is $1,400,000. Further zoning details can be verified with the Miami-Dade Building Department's Planning Division. This property is located in Miami, Florida, 33142, within Miami-Dade County. The property's prime location and development potential make it an attractive investment for both experienced developers and savvy investors seeking significant returns.

Highlights

  • 11,250 SF corner lot with free-standing restaurant building in Miami, FL (33142).
  • Mixed-use development potential: up to 10 stories, 90 units, ground-floor retail.
  • Located in Opportunity Zone, ~10 minutes from Wynwood.
  • $1,400,000 asking price.
  • 25-foot building setbacks for structures up to 35 feet.

Property Details for 2451 54Th St

Property type
Retail properties, Restaurants
Year Built
1954

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8242053
Longitude
-80.2379759

FAQs

What type of property is this?
Retail property - Prime Miami location, high-density potential.
Where is the retail property located?
The property is located at 2451 54Th St Miami, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11,250 SF corner lot with free-standing restaurant building in Miami, FL (33142).; Mixed-use development potential: up to 10 stories, 90 units, ground-floor retail.; Located in Opportunity Zone, ~10 minutes from Wynwood.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2451 54Th St
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