8
See all 8 photos
$795,000
Est. payment /mo
6,969 Sqft Lot
Active
125 NE 55th St Miami, FL 33137
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UPDATED:
02/13/2025 01:00 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Tranquilla
MLS Listing ID A11742544
HOA Y/N No
Annual Tax Amount $6,911
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x145
Property Description
Start building immediately! This vacant lot comes with approved plans for a 5-unit residential building, saving you $70,000 in design costs and nearly a year of permitting time. Located in the rapidly growing Magic City District, 5min from Design District, this area is booming with new multi-family developments. The approved plans include: Two: 2bd/1ba | Three: 2bd/2ba. With a City of Miami permit already in process (BD23-022574-001), this is a turnkey opportunity for investors looking to capitalize on the area's growth. A newly completed 5-unit complex across the street is already operating as an Airbnb, and two more multi-family projects are under construction nearby. Don't miss this chance to secure a shovel-ready lot. Contact the listing broker for more details!
Location
State FL
County Miami-dade
Community Tranquilla
Area 31
Exterior
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Underground Utilities, Water Available
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-13-064-0200
Special Listing Condition Short Sale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11742544
Listed by The Lab Realty Group, LLC