125 55th St ,Tranquilla for Sale

125 55th St for Sale

Price $795,000.00

• Lot size 6900
• Year Build
• Waterfront
• Zip 33137
• Style
• Parking Description
• Pool Yes
• Status Active

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!

TRANQUILLA PB 4-55 LOT 7 BLK 2 LESS S5FT FOR R/W LOT SIZE 6900 SQ FT M/L

City Location, Urban Area Development, 1-2.5 Acres

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!

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.8265093,List Price:795000,Listing Id:A11742544,Longitude:-80.1934899,Mls Status:Active,Utilities:1:Electricity Available,2:Natural Gas Available,3:Other,4:Sewer Available,5:Underground Utilities,6:Water Available,Current Use:1:Unimproved Single Family (5+ Lots),Postal Code:33137,Street Name:55th St,Coordinates:1:25.8265093,Lot Features:1:Urban Area Development,2:1-2.5 Acres,Photos Count:8,Building Name:TRANQUILLA,Days On Market:4,Lot Size Acres:0.16,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Tranquilla,On Market Date:2025-02-08,Parcel Number:01-31-13-064-0200,Property Type:Commercial Land,Street Number:125,Public Remarks: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!,Approval Status:Unapproved,County Or Parish:Miami-Dade County,Frontage Length:50,List Office Name:The Lab Realty Group, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:TRANQUILLA,Tax Annual Amount:6911,Unparsed Address:125 NE 55th St, Miami FL 33137,Listing Agreement:Exclusive Agency,Road Frontage Type:1:City/County Maintained,2:Public Road,Building Area Units:Square Feet,Lot Size Dimensions:50x145,Lot Size Square Feet:6900,M I A M I R E_ L P Amt Sq Ft:115.2174,Original List Price:795000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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!,Listing Contract Date:2025-02-08,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,Street Number Numeric:125,Tax Legal Description:TRANQUILLA PB 4-55 LOT 7 BLK 2 LESS S5FT FOR R/W LOT SIZE 6900 SQ FT M/L,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Shovel-ready lot in Magic City District with approved plans for a 5-unit building (2x 2/1, 3x 2/2), permits in process.,Contract Status Change Date:2025-02-08,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,