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7426 NW 2nd Ave - Multifamily Land Upper East Side 0.56 Acres of Residential Land Offered at $4,699,999 in Miami, FL 33150

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Executive Summary

Miami Prime location across the street from the Cathedral of St. Mary. Part of the recently commission approved redevelopment project. Currently zoned T5-R - The properties are all zoned T5-R - Transect Zone 5- Residential, which permits medium-density residential use. A minimum building height of 2 stories. This parcel is included in a total of 3 parcels to be sold together. Great opportunity for development. Contact Scott Ofstein for more information.

Property Facts

Price	$4,699,999	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Multifamily
Sale Conditions	Ground Lease (Leased Fee) Bulk/Portfolio Sale	Total Lot Size	0.56 AC
No. Lots	1	No. Stories	1
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	T5-R - The properties are all zoned T5-R - Transect Zone 5- Residential, which permits medium-density residential use. A minimum building height of 2 stories

Price	$4,699,999
Sale Type	Investment
Sale Conditions	Ground Lease (Leased Fee) Bulk/Portfolio Sale
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Multifamily
Total Lot Size	0.56 AC
No. Stories	1
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	T5-R - The properties are all zoned T5-R - Transect Zone 5- Residential, which permits medium-density residential use. A minimum building height of 2 stories