1872 NW 24TH ST

1872 NW 24TH ST

MIAMI, FL 33142

Status:
Available
Price:
$1,200,000
Lot Size:
7,150

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

The Porosoff Group at Compass Commercial is pleased to exclusively offer for sale Micro Units of Allapattah, a 20-unit development project with approved plans located in the highly desirable Allapattah area of Miami, FL.

With close to three hundred thousand people within three miles, Allapattah is an ideal location for new developments targeting a population that wants to live close to where they work with rent more affordable than Brickell or Downtown. The property features a very desirable location a short distance to Brickell, the most important financial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment and nightlife scene.

INVESTMENT HIGHLIGHTS

  • Premium Development Opportunity in Allapattah, The Fastest Growing Neighborhood in Miami – Major Developers Include Related Group, Neology Group, Calta Group and Legacy
  • Approved Plans – Shovel Ready – Only Pending Payment of Impact Fees
  • 20 1-Bedroom Micro Units
  • Units Features Include Covered Garage Parking and Balconies
  • Very Low Maintenance Costs / Minimal Upkeep of Landscaping and Common Areas

EXCLUSIVELY LISTED BY

JAVIER UBEDA

CRE Multifamily Advisor
Tel: (305) 766-1864
Javier@porosoff.com

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

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