7488 NE 2nd Ave - Commercial LAND FOR SALE


Miami, FL 33138 25,330 SF
$3,500,000 USD
305-972-7217
7488 NE 2nd Ave, Miami, FL for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/9
25,330 SF

7488 NE 2nd Ave
Miami, FL 33138


OVERVIEW

Opportunity to purchase a prime development site in Little River, Miami’s hottest emerging market. Little River is experiencing rapid change, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River Business District and a number of upcoming development sites. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. The deal is also an ideal site to leverage the benefits of the new Live Local Act (SB102), which would allow for increased height, unit count, and FAR, much beyond the by right allowances.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$6,018,475/AC

PRICE/SF

$138 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site - Industrial or Live Local

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.58 AC

LAND SF

25,332 SF

OFFSITE IMPROVEMENTS

-

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alexandros TsoulfasSTL CommercialMore Info
305-972-7217

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Alexandros TsoulfasSTL CommercialMore Info
305-972-7217

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