2007 NW 7th Ave - Commercial LAND FOR SALE


Miami, FL 33127- Overtown108,900 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
Overtown


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

2.5 Acre Site - Opportunity Zone

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.