2007 NW 7th Ave - Commercial LAND FOR SALE


Miami, FL 33127 108,900 SF
$25,000,000 USD
786-556-8998
2007 NW 7th Ave, Miami, FL for Sale
$25,000,000 USD
Commercial LAND - FOR SALE
1/3
108,900 SF

2007 NW 7th Ave
Miami, FL 33127


HIGHLIGHTS

  • Rare 2.5-acre site in Miami’s emerging Allapattah neighborhood
  • Live Local Act provides for approx 1,012 buildable units on the subject property
  • UM/Jackson Health District adjacent
  • Wynwood adjacent
  • Within the SEOPW CRA
  • Opportunity Zone

OVERVIEW

Central Commercial Real Estate is pleased to offer the opportunity to acquire a unique 2.5-acre covered-land site at the gateway to both Wynwood and the UM/Jackson Health District. The assemblage presents an ideal location for a Live Local Act development allowing for approximately 1,012 buildable units. Consisting of 110,000 contiguous SF, 124,495 SF in total across 17 parcels, the site is situated on a hard corner with frontage on two primary thoroughfares. Further benefits include Opportunity Zone and served by the Southeast Overtown/Park West CRA. The Live Local Act provides unprecedented development benefits, a density of 1,000 dwelling units per acre and 36 floors on this site. The in-place D2 light industrial zoning allows for a non-residential 8 floor building by right with 90% lot coverage. The 4 existing warehouses, covering roughly 40,000 SF, present a developer with interim income potential as a valuable low-coverage last-mile facility. Located at the intersection of NW 7th Ave (SR 441) and 20th Street. 100' from both the UHealth/Converge Miami Life Science Building and Lindsey Hopkins Technical College.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/ACRE

$10,000,000/AC

PRICE/SF

$230 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Allapattah Outdoor Storage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Distribution

LAND ACRES

2.5 AC

LAND SF

108,900 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Curb/Gutter/Sidewalk, Telephone

ZONING

D2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ari DispenzaCentral Commercial R.E.More Info
786-556-8998

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Ari DispenzaCentral Commercial R.E.More Info
786-556-8998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.