6345 NE 1st Ave, Miami FL 33138

Description of 6345 NE 1st Ave, Miami FL 33138

The properties consist of three vacant lots "Little River" subdivision of Miami FL. The lots have similar zoning allowing for more density on the T4 lots and less on the T3. Combined, the lots total 21,580 ft of land with the potential "by right" to build fourteen units. The owners' vision is that of a loosely tied "Townhome Enclave". All the parcels are positioned centrally within the Little River vicinity, nestled just northwest of the prosperous Edgewater and NIMO neighborhoods. To the south lie Downtown Miami and Miami Beach, while to the north, North Miami Beach remains a focal point for developers. As of 2024, it comprises 9% of Miami's units under construction, marking a significant surge from slightly over 4% prior to 2019. Sales volume accelerated in 2021 but has since slowed, with $110 million in volume in 2022 and 2023 volume totaling $170 million, still, this remains elevated relative to pre-pandemic levels. The subject property is a one-parcel 0.11 AC (4,750 SF) lot. The site has approximately 52ft of frontage on NE 1 Ave East to West and is close to 95ft deep. T-3 O zoning. (2) buildable units: $295,000.00. Entire Assemblage: $1,338,000.00

Property Details for 6345 NE 1st Ave, Miami FL 33138

Pool Private

No

Building Information for 6345 NE 1st Ave, Miami FL 33138

Building Name

INGLEWOOD GARDENS

Building Area Units

Square Feet

Association

No

Property Information for 6345 NE 1st Ave, Miami FL 33138

Lot Features

City Location, Less Than 1 Acre

Lot Size Square Feet

4,750

Waterfront

No

Frontage Length

52

View

No

Sewer

Other

Water Source

Municipal Water

New Construction

No

Public Records for 6345 NE 1st Ave, Miami FL 33138

Parcel Number

01-31-13-056-0090

Tax Annual Amount

$3,893

Tax Year

2,025

Tax Legal Description

INGLEWOOD GARDENS PB 13-57 LOT 10 BLK 1 LOT SIZE 50.000 X 95 OR 20942-0091 01 2003 6 COC 24952-4683 09 2006 1

Zoning

5700

County Or Parish

Miami-Dade County

Location