Rivers Edge Development SIte

Miami, Florida

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Building

Stats

Property Type Land - Other
Size (Ac) 1.36
Price $4,050,000

Overview

Highlights

EMPLOYMENT HUBS – Minutes from major employment hubs such as Medical/Civic Center District (courts and hospitals, over 40,000 employees), and Downtown Miami (11,000 businesses, over 176,000 employees).

WATERFRONT LIVING/LOW DENSITY – Strong demand for luxury waterfront townhome or mid-rise living near Miami’s urban core with a low-density designation of only 65 units per acre.

MASS TRANSIT – Property is walking distance (two blocks) from the Culmer MetroRail Station with Civic/Medical Center District one stop west, and Downtown Government Center two stops east.

HISTORIC DESIGNATION – The Spring Gardens historic designation west of the Property will preserve westerly views of the lush neighborhood.

DEVELOPMENT POTENTIAL – Under Miami 21 zoning, the Property may be developed as a mid-rise, five-story multifamily building. Up to 88 residential units may be allowed per total acreage.