145 80Th TerMiami, FL 33138

Property Details for 145 80Th Ter

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8488

Longitude

-80.1945

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