176 NE 68th St

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Address: 176 NE 68th St, Miami, Florida, US
Created date: March 26, 2024
Date last updated: April 17, 2024
  • - Expansive 57,969 SF building with 112 units
  • - Built in 1947, exuding historical charm and character
  • - Zoned T5-L, offering diverse redevelopment potential
  • - 3.03-acre site, potential for 197 buildable units
  • - Strategic location, less than 7 minutes from Biscayne Blvd.
  • - Convenient access, less than 10 minutes from I-95 Expressway
  • - Situated in a Qualified Opportunity Zone, maximizing investment benefits
  • - 112 residential units across 13 buildings, 2 storage structures, and 1 laundry facility

Property Description

Discover an outstanding investment opportunity for Multifamily/Low-Rise/Garden investors in the Miami area. This impressive 57,969 SF property, built in 1947, features 112 residential units, strategically zoned T5-L to offer a multitude of redevelopment options. Situated on a 3.03-acre redevelopment site, the property holds potential for 197 buildable units, making it an enticing prospect for expansion. Its strategic location, just minutes from Biscayne Blvd. and the I-95 Expressway, paired with its placement in a Qualified Opportunity Zone, enhances its investment appeal. This property presents a compelling and lucrative opportunity for investors in the thriving Miami real estate market.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 112
Year Built: 1947
Lot Size: 3.03 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 176 NE 68th St, Miami, FL 33138, USA
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