Fraca Residences presents a rare opportunity to acquire a fully approved site plan for a striking, modern 26 unit multifamily development with two ground floor retail spaces in the heart of Miami, now offered at $1,390,000. Located on a 9,450 SF corner lot at 2101 NW 79th Terrace, the project showcases a sleek five story design with contemporary architecture, open balconies, and thoughtfully planned unit layouts that align with todays market demands. All architectural and engineering work has been completed and is ready for immediate submission for building permit, allowing investors to move swiftly into the construction phase. With full entitlements and a market forward design, Fraca Residences is a standout investment opportunity in one of Miamis most dynamic growth corridors.
Fraca Residences presents a rare opportunity to acquire a fully approved site plan for a striking, modern 26 unit multifamily development with two ground floor retail spaces in the heart of Miami, now offered at $1,390,000. Located on a 9,450 SF corner lot at 2101 NW 79th Terrace, the project showcases a sleek five story design with contemporary architecture, open balconies, and thoughtfully planned unit layouts that align with todays market demands. All architectural and engineering work has been completed and is ready for immediate submission for building permit, allowing investors to move swiftly into the construction phase. With full entitlements and a market forward design, Fraca Residences is a standout investment opportunity in one of Miamis most dynamic growth corridors.
Features
Building and Construction
Front Exposure: North East
Property Information
Styleof Property: Zoned Multifamily
Typeof Property: Other
Land Information
Lot Sq Footage: 9450
Subdivision Name: #N/A
Subdivision Number: 57
Total Acreage: 0.2169
Eco-Communities
Typeof Trees: No Trees
Finance and Tax Information
Dade Assessed Amt Soh Value: 472500
Dade Market Amt Assessed Amt: 472500
Tax Year: 2024
Other Features
Board Identifier: BeachesMLS
Country: United States
Development Name: Fraca Residences
Development: Undeveloped
Legal Description: 10 53 41 .22 AC PB 34-19 REV PL WEST LITTLE RIVER E135.04FT OF N70FT OF TR-21 LOT SIZE 70.00 X 135 OR 12063-0020 0284 5 COC 23027-2289 01 20
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