233 NW 14th Ter

Miami, FL 33136

Opportunity Zone. Mixed Use. 5,250 sqft. T-5-L. City will allow up to 9 units if rehabbing a property within 3 miles. 7 Units by right. Possible to get a grant from the CRA for construction of affordable units. 2 blocks from Miami's innovation district under development. Lot's of new construction in the area. Some of the lowest flood risk in Miami. Lil Greenhouse Grill one block away. Current parking reduction of 20% by right. Water and sewer connection. Directly across the street the city is building the Meet Me At The Bridge park/development. Renderings of possible project as well as rental income projections in the attachment. (Rental income projections based on traditional project not with grants from the CRA). Possible to purchase the lot next door as well at 225 NW 14th ter.