2741 49Th StMiami, FL 33142

Property Details for 2741 49Th St

Year built

1965

Construction

CONCRETE

Lot size

0.46 AC

Property size (Sq ft)

7,184 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Theaters & concert halls

APN

30-3121-023-0150

APU

3031210230150

Description

This exceptional commercial property in Miami, Florida, presents a unique investment opportunity for developers and builders. Located at 2741 NW 49th St, Miami, FL 33142, in Miami-Dade County, this property boasts a substantial 19,905 square foot lot, ideally situated on a high-visibility corner. The existing commercial building, constructed of concrete block and stucco, requires repairs, offering a blank canvas for redevelopment. The zoning allows for the construction of a multi-unit building, with potential for up to 60 units and a height of up to six stories. This prime location offers easy access and high visibility, situated near the Metrorail station in a rapidly developing area experiencing a surge in new construction. The scarcity of large commercial lots in Miami-Dade County makes this an exceptional opportunity. The asking price of $1,300,000 represents a significant value proposition, considering the potential for substantial returns. This property is zoned for mixed-use development and is an absolute must-see for discerning investors seeking a high-impact project in a thriving market. The property is situated on 49th Street west of 27th Avenue.

• Alternative Use

  Use

  Valuation

  Residential

  $2,331,401

  Hospitality

  $2,135,551

  Educational

  $1,776,753

  Medical

  $1,837,858

  Retail

  $2,763,838

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8195

Longitude

-80.2416

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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