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6345 NE 1st Ave, Miami, FL 33138

$295,000 Beds Baths

Miami, FL 33138 · INGLEWOOD GARDENS

Status
Active
Type
Commercial Land
Year Built
Days on Market
48
Lot Size
4,750 sqft
MLS #
A12050934

About This Home

The properties consist of three vacant lots "Little River" subdivision of Miami FL. The lots have similar zoning allowing for more density on the T4 lots and less on the T3. Combined, the lots total 21,580 ft of land with the potential "by right" to build fourteen units. The owners' vision is that of a loosely tied "Townhome Enclave". All the parcels are positioned centrally within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% prior to 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and 2023 volume totaling $170 million, still, this remains elevated relative to pre-pandemic levels. The subject property is a one-parcel 0.11 AC (4,750 SF) lot. The site has approximately 52ft of frontage on NE 1 Ave East to West and is close to 95ft deep. T-3 O zoning. (2) buildable units: $295,000.00. Entire Assemblage: $1,338,000.00

Building & Association

Building Name
INGLEWOOD GARDENS
Association
No

Lot & Construction

Lot Features
City Location, Less Than 1 Acre
Lot Size Square Feet
4,750
Waterfront
No
View
No
New Construction
No

Public Records

Parcel Number
01-31-13-056-0090
Tax Annual Amount
$3,893
Tax Year
2,025
Zoning
5700
County Or Parish
Miami-Dade County

Location

Courtesy of RE/MAX 360 Real Estate

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