Great opportunity! Bank forced price reduction from $4.95M to $2.5M for land steps from Biscayne Bay! Development rights as per zoning for 64,000SqFt (without MUSP). Plans available (approved but need to be resubmitted to city) to build 73 units. Opportunity to purchase at distressed price! Buyer can develop existing plans now, modify or make new plans and develop later. land is also zoned for hotel project.

On NE 26th Terrace, East of Biscayne Blvd and steps from the Bay. Walking distance fron New Carnival Art Center, many restaurants and prestigious residential buildings. Minutes away from South Bach, Downtown and Design District. Ideally located to reach MIA Airport as well.