176 NE 68th St

• - 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 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.