342 NW 7th St
Miami, FL 33128
Build 144 Units | TOD | Downtown Miami · Land For Sale · 0.22 AC

The Porosoff Group presents 342-348 NW 7th St "Downtown West" for sale in Miami, Florida. This is a .22 acre development site zoned T6-8-L in the heart of Miami slated for 91 studio apartment units and a corner retail space. The plans were designed with conformity for The Live Local Act, to be granted administrative approval upon submittal. This development will encompass 51,770 SF of floor area across 8 floors. The planned apartment units are of 5 varieties, labeled Type "A,B,C,D, and E" in the plans below-ranging from 401 SF to 406 SF. The plans call for 7 apartment units on the first floor along with the retail space, 13 apartment units on floors 2 through 7, and 8 apartment units on floor 8. This site presents an exciting opportunity for a developer in the heart of Miami, steps away from Interstate 95, and in proximity to many notable developments including Swerdlow Group's Block 55 which is to include Target, Aldi, CVS Pharmacy, Burlington, Ross, and Starbucks; providing nearby access to future tenants of Downtown West for their grocery and shopping needs. Other notable recent developments nearby are the AUA Elementary school- and obvious appeal to tenants with children, as well as the Brightline station- connecting this property to a multitude of locals all without the need for a personal vehicle.