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7900 NW 21st Ave - Turnkey Development Site | 28 Units + Retail 0.17 Acres of Residential Land Offered at $1,099,000 in Miami, FL 33155

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INVESTMENT HIGHLIGHTS

Shovel-ready site with full approval for a 5-story, 28-unit mixed-use project.
UC-MC zoning with a 25% workforce-housing bonus and 100% parking reduction.
Located in an undervalued growth corridor with strong redevelopment momentum.

Includes two ground-floor retail bays for added income and flexibility.
Fully approved plans cut entitlement time, reduce risk, and speed up construction.
Seller financing available, creating a fast and low-barrier path to start construction.

EXECUTIVE SUMMARY

Near full approvals for a 28-unit building with two ground-floor retail bays. SELLER FINANCING available. Approvals include a 25% workforce-housing density bonus and 100% parking reduction; four units are designated WHUs. No on-site parking required. Offered at $39,000 per unit and $63 per buildable sqft. Total buildable sqft is 17,500.
West Little River pricing remains below nearby submarkets, while adjacent Hialeah is seeing major projects such as the 661-unit Metro Parc North—indicating active investment and future demand. OM and full plans available on request; contact us to discuss the opportunity and construction financing

Fraca Floor Plans

7900 NW 21ST AVE-RDP-MV-FLYER.pdf (1)

PROPERTY FACTS

Price	$1,099,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Mixed Use Multifamily Apartment Units
No. Lots	1	Total Lot Size	0.17 AC
Property Type	Land
Zoning	UC-MC - Allows 90 du/acre and 2-12 stories. FAR=1.0.Encouraged vertical mix: active ground-floor uses (retail/restaurant), with residential or office

Price	$1,099,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Mixed Use Multifamily Apartment Units
Total Lot Size	0.17 AC
Zoning	UC-MC - Allows 90 du/acre and 2-12 stories. FAR=1.0.Encouraged vertical mix: active ground-floor uses (retail/restaurant), with residential or office

1 LOT AVAILABLE

Lot 1

Price	$1,099,000	Lot Size	0.17 AC
Price Per AC	$6,389,534.88

Price	$1,099,000
Price Per AC	$6,389,534.88
Lot Size	0.17 AC

DESCRIPTION

Unit Mix: 16 (1 bed 1 bath) 506 sqft 2 (2 bed 1.5 bath) 774 sqft 7 (2 bed 2 bath) 1,082 sqft 1 (3 bed 2.5 bath) 1,423 sqft 2 Retail Spaces 840 & 539 sqft