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Price: CALL!!!

For Sale

Price: CALL!!!

180 SW 9 St, 244 SW 9 St, 901 SW 3 Ave, Miami, FL

Description

180 SW 9 St, 244 SW 9 St, 901 SW 3 Ave, Miami, FL

  • Rare Brickell Development Site
  • Two sites directly on 9th Street
  • 1.3 Acres total lot size
  • 90 Existing units providing in-place income

Investment Summary

Cash Flow In MIami is pleased to present the opportunity to re-develop a unique transit-oriented core location in Miami’s financial district. The Ninth Street West Brickell Development site is located strategically off 8th Street at 180 SW 9 St, 244 SW 9 St, and 901 SW 3 Ave, Miami. The properties consist of two parcels measuring a total of 1.34 acres across both sites. Site A measures 0.30 acre (13,500 SF) and contains 24 existing units and Site B measures 1.03 acres (45,000 SF) and contains 66 existing units. All parcels are located directly on Ninth Street in the Little Havana density overlay, which allows for a high-density development opportunity. The assemblage of properties currently features a total of 90 existing units, which provides income and reduces risk while planning for development.

The sites are zoned T6-24 0, which allows a developer to build up to 9.1 times the property land square footage or 531,258 square feet and 48 stories (including bonuses). The property is an ideal candidate for the development of a new mixed-use tower to capitalize on zoning that allows for a dense development within the city of Miami. Brickell is undergoing a significant surge in demand for boutique development sites to build mixed-use towers as the city sees increased population growth from other states.

  • Extreme walkability, connectivity and wellness
  • A condo market with rising sales and no future expected supply
  • Prime location in the heart of Brickell
  • Located blocks to transit

Interested? Contact Andrey today.

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