Commercial property in 1224 NW 59 Miami for sale with MLS# A12017553
Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport. Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit. Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions. An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.
1224 NW 59, Miami, FL 33142
- Price:
- $535,000.00
- Original List Price:
- $535,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- Property Type:
- Commercial
- MLS Number:
- A12017553
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 12, 2026 12:32 pm
- Lot Area:
- 5,300 Sqft
- Lot Size Dimensions and Info:
- 50x103
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than One Acre
- Lot Size Acres:
- 0.12
- Waterfront:
- No
- Current Use:
- Other
- Road Responsibility:
- Public Maintained Road
- Tax Annual Amount:
- $3,560.00
- Tax Year:
- 2025
- Covered Spaces:
- 0
- Sewer:
- Public Sewer, Other
- Utilities Available:
- Water Available
- Water Source:
- Public
- Subdivision Name:
- ORCHARD VILLA EXTENSION
- Senior Community:
- No
- Restrictions:
- Deed Restrictions
- Documents Available:
- Survey
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Other, Close Of Escrow
- Tax Legal Description:
- ORCHARD VILLA EXT PB 17-55 LOT 9 BLK 7 LOT SIZE 50.000 X 106 COC 24557-4280 05 2006 6
- Real Estate Folio Number (Parcel Number):
- 01-31-14-043-1240
- Zoning Description:
- 3901
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- May 12, 2026 12:32 pm
- Active on the market since:
- May 4, 2026
- Listing Activated On:
- May 13, 2026
- Price change occurred on:
- May 12, 2026 12:32 pm
- Listing Status Last Changed On:
- May 12, 2026 12:32 pm
- Photos updated on:
- May 12, 2026 7:22 pm
- Last Modified:
- May 13, 2026 12:01 am
- Flood Zone:
- AH
- Municipal Code:
- 1
- Subdivision Number:
- 43
- Courtesy of:
- Miami Dream Properties Inc.
- Attribution:
- 305-877-0337
- Road Surface Type:
- Paved
- Street Name:
- 59
- Street Number:
- 1224
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33142
- County:
- Miami-Dade
- Latitude:
- N25° 49' 46.4''
- Longitude:
- W81° 46' 58''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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