For Sale
$1,350,000

145 80Th Ter Miami, FL 33138

Miami development opportunity. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 10,250 sq ft lot ($129/sq ft) in Miami's Little River neighborhood presents a prime development opportunity. Located at 145 NE 80th Terrace, Miami, FL 33138, this property is zoned T5-O, allowing for up to five stories, 80% lot coverage, and 65 dwelling units per acre. The asking price is $1,350,000. This land offers significant investment potential in a rapidly growing area, situated within an Opportunity Zone. The area is experiencing substantial growth, with several large-scale projects underway, including the Magic City Innovation District, a major mixed-use public housing project, Little River Plaza, and River Haus. These developments promise to further enhance the area's appeal and value. The flexible zoning allows for diverse development options, including mixed-use, residential, or commercial projects. This presents a unique chance to capitalize on Miami's dynamic real estate market and contribute to the ongoing transformation of Little River. The property's size and location make it ideal for a variety of development projects, offering substantial returns for the discerning investor. This is a rare opportunity to acquire a significant piece of land in one of Miami's most exciting and up-and-coming neighborhoods.

Highlights

  • Prime Little River location with strong cultural and commercial activity.
  • Generates immediate cash flow with current rental income.
  • T5-O zoning allows for mixed-use, residential, or commercial development.
  • 10,250 square foot lot offers ample development potential.

Property Details for 145 80Th Ter

Property type
Land

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8488486
Longitude
-80.1944589
145 80Th Ter, Miami, Florida

FAQs

What type of property is this?
Land - Miami development opportunity. Prime location.
Where is the land located?
The property is located at 145 80Th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime Little River location with strong cultural and commercial activity.; Generates immediate cash flow with current rental income.; T5-O zoning allows for mixed-use, residential, or commercial development.
How can I contact the broker?
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145 80Th Ter
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