7050 NE 2nd Ave - Commercial LAND FOR SALE


Miami, FL 33138- Little River33,541 SF
$7,250,000 USD
305-495-1298
7050 NE 2nd Ave, Miami, FL for Sale
$7,250,000 USD
Commercial LAND - FOR SALE
1/7
33,541 SF

7050 NE 2nd Ave
Miami, FL 33138
Little River


HIGHLIGHTS

  • Opportunity to acquire a strategic full block at critical high exposure NE 71 ST + NE 2 AVE intersection (hard corner)
  • Desirable T6-8-O zoning with by-right density for 116 units (only T6-8 site in immediate area)
  • Located within an Opportunity Zone
  • Excellent proximity to Little River's massive pipeline of upcoming projects
  • Notable location adjacent to McArthur Dairy complex & Magic City Innovation District

OVERVIEW

Introducing the rare opportunity to own a full block of covered land in the rapidly growing Little River neighborhood, at the strategically important intersection of NE 71st Street and NE 2nd Avenue. The ideal re-development site, the assemblage features the only T6-8-O zoning in the immediate area, surrounded by commercial and industrial with famed McArthur Dairy notably located directly across the street. The site allows for high-density commercial or mixed-use development of up to 8 stories and 116 unit (by-right), with a market-rate housing project being the suggested highest best-use on the site. That said, the existing +/- 6,000 Sq. Ft. structure is potentially usable for an adaptive re-use project that would attract additional traffic to the neighborhood for dining and shopping, due to its adjacent location to the Magic City Innovation District, the Breezeway, and local favorite Sunny’s Steakhouse just around the corner. Excellent accessibility and proximity to ongoing and planned projects in the Little Haiti and Little River areas as these neighborhoods emerge as popular pockets of re-development. In short, the property is well-positioned to benefit from the neighborhood’s upward trajectory.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/ACRE

$9,415,641/AC

PRICE/SF

$216 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Little River Nexus Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development, Hotel, Religious Facility, Schools

LAND ACRES

0.77 AC

LAND SF

33,541 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T6-8-O

APN/PARCEL ID

01-3113-057-0030,01-3113-057-0040,01-3113-057-0050

ASK ABOUT THIS PROPERTY

Molli LeoniThe Alpha CommercialMore Info
305-495-1298

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Molli LeoniThe Alpha CommercialMore Info
305-495-1298

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