125 NE 55th St Miami FL 33137 MLS #A11742544

125 NE 55th St
Miami, FL, 33137
$795,000
Beds
0 Baths
0 SqFt
0.16 Acres
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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!

Property Details

Price:
$795,000
MLS #:
A11742544
Status:
Active
Beds:
0
Baths:
0
Address:
125 NE 55th St
Type:
Single Family
Subdivision:
TRANQUILLA
Neighborhood:
Tranquilla
City:
Miami
Listed Date:
Feb 8, 2025
State:
FL
ZIP:
33137
Lot Size:
6,900 sqft / 0.16 acres (approx)
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Tax Year
2024
Taxes
$6,911

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125 NE 55th St
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