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7488 NE 2nd Ave - Little River Industrial/Mixed Use Land 0.58 Acres of Commercial Land Offered at $3,500,000 in Miami, FL 33138

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EXECUTIVE SUMMARY

Opportunity to purchase industrial & mixed-use land located on a hard corner of NE 2nd Avenue, one of Miami’s Main Corridors. NE 2 Ave connects the Downtown Core, to Edgewater, the Design District and Little River. Zoned D2, the property has one of the most favorable zoning designations in the City of Miami, allowing for a wide variety of uses beyond just Industrial such as Retail, Entertainment, Restaurant, and Office. The property also has a short term tenant in place, producing moderate income.
The property is surrounded by a number of upcoming developments and is located less then 0.25 miles east of a 27 Acre adaptive re-use neighborhood development project.
Seller Financing Available.
Lot Size: 25,332 SF
Building Size: 5,460 SF (tear-down)
Zoning: D2
Allowed Uses: Industrial, Automotive,
Flex, Office, Retail, Restaurant, Entertainment
Etc...
Note: Multi-Family Development up to 19
stories is allowed with SB102 (Live Local).
Allowed Height: 8 Stories
Max. Lot Coverage: 90%
Asking Price: $3,500,000

PROPERTY FACTS

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.58 AC
Opportunity Zone Yes
Zoning C - Commercial

1 LOT AVAILABLE

Lot

Price $3,500,000
Price Per AC $6,018,471.55
Lot Size 0.58 AC

Opportunity to purchase a prime development site in Little River, Miami’s hottest emerging market. Little River is experiencing rapid change, with an influx of bullish investors predicting a Wynwood like transformation. Seller Financing Available.

Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30810855

  • Date on Market: 1/29/2024

  • Last Updated:

  • Address: 7488 NE 2nd Ave, Miami, FL 33138

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