2401 NW 17th Ave
Miami, FL 33142
2401 Central · Land For Sale · 1.95 AC

Property Website: www.2401Central.com Aztec Group, as Owner’s exclusive agent, is pleased to offer the exceptional investment opportunity to acquire 2401 Central (the “Property”) – a unique multifamily development opportunity located on approximately 1.95 acres adjacent to the Miami Health District in the Allapattah neighborhood in Miami, Florida. 2401 Central is a unique development site of scale featuring potential to build 223 units as of right in a midrise design and up to 1,000 units per acre with the application of Live Local Act (SB102). The Property is located adjacent to the Health District in Miami’s Central Business District – a 300-acre healthcare campus combining Jackson Memorial Hospital, VA Hospital, University of Miami Health System and educational facilities, Miami- Dade College Medical Campus, and judicial institutions. The Property is nestled in a residential neighborhood, the Property boasts 286 feet of frontage on NW 17th Avenue (± 19,500 AADT) and 298 feet of depth which enables efficient rectangular floor plates, signage, and activation of streetscape. Allapattah is a top apartment market, boasting 34.8% rent growth (6.2% CAGR) and average occupancy of 97.1% over the last 5 years. THERE IS NO COOPERATING BROKERAGE FEE AVAILABLE, ALL BROKERS MUST BE PAID BY THEIR CLIENT PROCESS WILL OPEN TO BROKERS SEPTEMBER 25TH - UNTIL THAT DATE THE PROCESS WILL ONLY BE OPEN TO PRINCIPALS DIRECT - NO BROKER SIGNED CONFIDENTIALITY AGREEMENTS WILL BE ACCEPTED Property Website: www.2401Central.com