15699 W Dixie Hwy
North Miami Beach, FL 33162
Land For Sale
·
1.37 AC
Investment Highlights
- Fully-Entitled Class A, 7-Story 163,600 SF Self Storage Development
- Seller Financing is Available Subject to Price and Terms
- High Exposure to over 61,000 Vehicles Per Day Visible from US-1 Biscayne Blvd, Room for Significant Income Growth Over the Next 24 Months
- Pre-Approved Zoning & Planning Already in Place for 1.37 Acres, Opportunity Zone Tax Incentives Available!
- 1,081 Climate-Controlled Storage Units, 116,200 SF Total Net Leasable Area
- Excellent North Miami Beach Location Surrounded by Several Major Multifamily Developments, Proximate to Aventura & Sunny Isles
Property Facts
Description
Lee & Associates South Florida presents a fully-entitled 1.37-acre Self-Storage Development Site located in the North Miami Beach Opportunity Zone off W Dixie Hwy, abutting the Florida East Coast Railway, and visible to over 61,000 vehicles per day from busy US-1 Biscayne Blvd. The site is fully-entitled with zoning and site plans in place for a 7-Story, 163,660 SF Self-Storage Facility with 1,081 climate-controlled storage units totaling 116,200 SF net leasable area, 1,216 SF office space, parking area, passenger and freight elevators, and has access to water, sewer and electricity utilities. This is one of the ONLY remaining parcels in Miami-Dade County that is already zoned for Self-Storage, with a strong market demand for Storage and a large gap in competition in the immediate area. The 1.37-acre site is located in an Opportunity Zone in a densely populated area surrounded by several major new multifamily developments including New North Towncenter just blocks away, and Lazul & Sole Mia development sites each within 1 mile. The site is proximate to Aventura, Sunny Isles, Biscayne Blvd & NW 167th St/SR-826 with direct access to several of Miami's luxury beach communities, and the intersection of Miami's three major highways: Florida's Turnpike, Interstate 95 and State Road 826 / Palmetto Expressway providing unparalleled access to all areas of northern Miami-Dade County as well as southern Broward County.
Property Taxes
| Parcel Number | 07-2216-000-0327 | Improvements Assessment | $27,573,950 |
| Land Assessment | $1,738,050 | Total Assessment | $29,312,000 |
Property Taxes
