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8500 NW 7th St - Fontainebleau Apartments 1.71 Acres of Residential Land Offered at $15,000,000 in Miami, FL 33126
INVESTMENT HIGHLIGHTS
- Irreplaceable location
- A great price and a seller with the willingness and flexibility to work with a buyer/developer
- An area in need of new housing stock
EXECUTIVE SUMMARY
Seller financing is available.
Open to all serious offers.
PROPERTY FACTS
| Price | $15,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.71 AC |
| Property Type | Land | ||
| Zoning | MCD - Mixed-Use Corridor District | ||
| Price | $15,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.71 AC |
| Zoning | MCD - Mixed-Use Corridor District |
1 LOT AVAILABLE
Lot
| Price | $15,000,000 | Lot Size | 1.71 AC |
| Price Per AC | $8,771,929.82 |
| Price | $15,000,000 |
| Price Per AC | $8,771,929.82 |
| Lot Size | 1.71 AC |
Exceptional location and Administrative Site Plan Review completed. 2 parcels passing through from NW 8th St to NW 7th St Property is 1.71 acres/1.93 ac from Right Of Ways
DESCRIPTION
High demand/Low supply for apartments in this neighborhood. Exceptional land development opportunity in a prime location. This mixed-use project has received full Administrative Site Plan Review approval for a substantial residential and commercial. The proposed development includes 468 apartments, addressing the area's need for new housing stock. Additionally, the plan incorporates 4,590 square feet of retail space, enhancing the property's mixed-use appeal. The development is set to feature ample parking to accommodate residents and visitors. Comprising two parcels totaling nearly two acres, this irreplaceable location offers a unique chance to contribute to the neighborhood's growth and meet the demand for modern living spaces in Miami. Strategically positioned to capitalize on the area's need for new housing stock and retail amenities. The project's scale and mix of residential and commercial spaces make it a significant addition to the local real estate market, potentially attracting a diverse range of residents and businesses to the area
PROPERTY TAXES
| Parcel Number | 30-3053-001-0760 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $998,250 |
PROPERTY TAXES
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8500 NW 7th St - Fontainebleau Apartments
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