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8440 NE 1st Ave - INCREDIBLE WATERFRONT OASIS, 5-UNIT Building 0.47 Acres of Commercial Land Offered at $1,875,000 in Miami, FL 33138

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INVESTMENT HIGHLIGHTS

  • 5-UNIT Building on MASSIVE 20,662 SF LOT in the Heart of Little River District
  • Updated Plumbing+Electric, ALL IMPACT GLASS, Newer Roof, Freshly Painted, CUSTOM WOODWORK, Beautiful Terrazzo Floors, Countless Lovely Details!
  • Just 1 Block to the Citadel! High Density Mixed-Use "T5-O" Zoning, Incredibly Valuable Land (Abuts T6-8 Neighbor!).

EXECUTIVE SUMMARY

Central Banyan Tree, Mature Fruit, Fully Fenced, Waterfront Dock—Fish, Launch a Kayak, Etc! TURNKEY PROPERTY. Updated Plumbing+Electric, ALL IMPACT GLASS, Newer Roof, Freshly Painted, CUSTOM WOODWORK, Beautiful Terrazzo Floors, Countless Lovely Details! Dedicated Laundry at Rear. QUALIFIED OPPORTUNITY ZONE: *Huge Capital Gains Tax Savings. Quiet CUL-DE-SAC w/ TONS OF PARKING. INCREDIBLY WALKABLE LOCATION: Michelin* Dining, Shops, Yoga, Karate, Art, Community Events. 8 Mins to Miami Design, 10 to Wynwood, 10 to MIA, 12 to South Beach.

PROPERTY FACTS Under Contract

Price $1,875,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
Total Lot Size 0.47 AC
Opportunity Zone Yes
Zoning T5-O - High Density Mixed-Use "T5-O" Zoning

1 LOT AVAILABLE

Lot 1

Price $1,875,000
Price Per AC $3,952,910.82
Lot Size 0.47 AC

5-UNIT Building on MASSIVE 20,662 SF LOT in the Heart of Little River District, Just 1 Block to the Citadel! High Density Mixed-Use "T5-O" Zoning, Incredibly Valuable Land (Abuts T6-8 Neighbor!).

DESCRIPTION

INCREDIBLE WATERFRONT OASIS, 5-UNIT Building on MASSIVE 20,662 SF LOT in the Heart of Little River District, Just 1 Block to the Citadel! High Density Mixed-Use "T5-O" Zoning, Incredibly Valuable Land (Abuts T6-8 Neighbor!). STUNNING GROUNDS, Central Banyan Tree, Mature Fruit, Fully Fenced, Waterfront Dock—Fish, Launch a Kayak, Etc! TURNKEY PROPERTY. Updated Plumbing+Electric, ALL IMPACT GLASS, Newer Roof, Freshly Painted, CUSTOM WOODWORK, Beautiful Terrazzo Floors, Countless Lovely Details! Dedicated Laundry at Rear. QUALIFIED OPPORTUNITY ZONE: *Huge Capital Gains Tax Savings. Quiet CUL-DE-SAC w/ TONS OF PARKING. INCREDIBLY WALKABLE LOCATION: Michelin* Dining, Shops, Yoga, Karate, Art, Community Events. 8 Mins to Miami Design, 10 to Wynwood, 10 to MIA, 12 to South Beach.

Walk Score®
Very Walkable (85)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3112-012-0640
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,414,875
  • Listing ID: 35575993

  • Date on Market: 4/21/2025

  • Last Updated:

  • Address: 8440 NE 1st Ave, Miami, FL 33138

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