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7618-7624 NE 2nd Ave
Miami, FL 33138
Development Site in Little River · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Convenient parking on-site
- A few steps away from the proposed Magic City Innovation District.
EXECUTIVE SUMMARY
13,268 SF development site zoned T6-8-O located in Little River’s most desirable corridor with a 2,618 Free-Standing Commercial/Flex Building. The asset provides a buyer with a variety of opportunities to capitalize on the versatility of this property. Its zoning and location allow for many uses such as multifamily development with up to 46 units as right, Retail, F&B, flex office/creative space, art gallery, gym, and commissary kitchens. The property is vacant, making it ideal for investment purposes or end-user accommodations.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,268 SF
Building Class
C
Year Built
1938
Price
$1,800,000
Price Per SF
$135.66
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
C-1 - General Commercial
Parking
6 Spaces (0.45 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,349 | |
| Land Assessment | $1,326,800 | Total Assessment | $1,328,149 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,326,800
Improvements Assessment
$1,349
Total Assessment
$1,328,149
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