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2899 NW 7th Ave 0.35 Acres of Commercial Land Offered at $5,000,000 in Miami, FL 33127

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Executive Summary

Located at a busy intersection of US 441 & 29th St. Zoned for 8-12 story mixed-use project. $13,000/month income with a recapture clause. Assemble with adjacent lot for larger development potential!

Property Facts

Price	$5,000,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units
No. Lots	1	Total Lot Size	0.35 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-8-O - Allowing for the development of 53 buildable units (150 units per acre) and a range of commercial uses by right

Price	$5,000,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units
Total Lot Size	0.35 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-8-O - Allowing for the development of 53 buildable units (150 units per acre) and a range of commercial uses by right

1 Lot Available

Lot

Price	$5,000,000	Lot Size	0.35 AC
Price Per AC	$14,285,714.29

Price	$5,000,000
Price Per AC	$14,285,714.29
Lot Size	0.35 AC

Located at a busy intersection of US 441 & 29th St. Zoned for 8-12 story mixed-use project. $13,000/month income with a recapture clause. Assemble with adjacent lot for larger development potential!

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