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1910 Northwest 17th Avenue
Miami, FL 33125
Asking Price
$2.98M
Asset Type
Agricultural Land
Class
Class B
What's Special
Urban Core Infill Redevelopment Opportunity & Covered Land Play <p><span style="color: rgba(0, 0, 0, 1)">Shovel-Ready 8-Story Modern Build Opportunity!Phenomenal 15,700 SF development site zoned T-6-8O with prime 3-sided street exposure. Save years in permitting—delivered with approved plans for a striking 8-story glass and concrete tower. Features 74 beautifully designed units (studios, 1BR, and 2BR layouts with full kitchens/baths) and premium lifestyle amenities, including a 6th-floor pool deck and dual common areas. High-efficiency parking infrastructure
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NOI
$80,000
Cap Rate
2.68%
DSCR
0.45
Underwater
Cash-on-Cash
-10.86%
Monthly Payment
$14,768.151
Annual Cash Flow
$-97,217.816
