For Sale

5390, Northwest 27th Avenue, Brownsville, Hialeah, United States

Miami-Dade County, FL 33142

$7,500,000

Highlights

  • 74,000 SF (1.70 acres) lot

Property facts

Price
$7,500,000
Property type
Land development
Lot size
74,000 SF (1.70 acres)

About this property

1.68 Acre Transit-Oriented Hard Corner Development Site Transit-Oriented Hard Corner at the Intersection of Hialeah and Model City. Located on a hard corner intersection of NW 54 St and NW 27 Av. 1.68 Acre 74,000sf site. Site is perfectly positioned for SB102 Live Local zoning application, allowing you to tap into highest county density of 250 units/acre or 420 units and max local heights of 15 stories with possible bonuses. SB102 will allow you to also mitigate real estate taxes and impact fees for added benefits. The site has many strong advantages including: located in an Opportunity Zone for tax benefits, adjacent to a metro-rail station for great transit mobility and access to jobs for residents, and at the intersection point of Hialeah and Miami. AADV traffic counts of 33,000 and 21,000 on each intersecting road of this corner. We will not consider LIHTC or similar offers.

From the listing broker.

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