Basic Information

  • MLS # A11742544
  • Status Active
  • Subdivision/Complex Tranquilla
  • Total Sqft 6,900
  • Date Listed 02/12/2025
  • Days on Market 85
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!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 6,900Sq.Ft
  • Sqft 6,900 Sq.Ft

Property Features

  • Address 125 NE 55th St
  • Aprox. Lot Size 6,900
  • City Miami
  • County Miami- Dade
  • Furnished Info no
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • Sewer Description Public Sewer
  • Short Sale yes
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Tranquilla
  • Tax Amount $6,911
  • Tax Legal desc T R A N Q U I L L A P B4-55 L O T7 B L K2 L E S S S5 F T F O R R/ W L O T S I Z E6900 S Q F T M/ L
  • Tax Year 2024
  • Water Source Public

125 NE 55th St

Miami, FL 33137

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Lab Realty Group, LLC. tel: 786-791-7433

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