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1315 NE Miami Ct
Miami, FL 33132
Signature Park Arts Site · Build-to-Rent Property For Sale · 35 Units

INVESTMENT HIGHLIGHTS

  • Prime Location: Adjacent to the future Signature Bridge Park and near Miami Worldcenter, Brightline station, and neighborhoods like Wynwood/Brickell
  • Reduced Parking Requirements: Benefits from the Metro Mover Subzone designation, allowing increased density and significant parking reductions.
  • Excellent Transit Access: Close proximity to major transit routes enhances development potential and may allow for further parking requirement waivers
  • Zoned T6-24A-O under Miami-21, ideal for 47-story high-rise mixed-use development with up to 502 units, including 200 hotel and 302 residential
  • Fully Leased Income Property: Currently fully leased with 35 units, providing a secure revenue stream while pursuing future redevelopment entitlements

PROPERTY FACTS

No. Units 35
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.43 ac
Property Size 18,000 sq ft
No. Floors 3
Year Built 1960
Parking Allocation 1/1,000 sq ft
Use Class T6-24A-O

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
1+1 35 - 550 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3136-009-1540
Land Assessment
£5,607,450
Improvements Assessment
£7,477
Total Assessment
£5,614,926
  • Listing ID: 31535920

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 1315 NE Miami Ct, Miami, FL 33132

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