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215 NE 25th St

0.38 Acres of Commercial Land Offered at $5,200,000 in Miami, FL 33137

Investment Highlights

  • Access to Public Transportation
  • Minutes from Retail district which includes: Target, Nordstrom Rack and PetSmart
  • Connected to main artery Route 1
  • National restaurants include Chipotle Mexican Grill, Five Guys, Sugarcane.

Executive Summary

Nestled in the vibrant Edgewater neighborhood of Miami, Florida, this raw commercial land at 215 NE 25th St presents a prime investment opportunity. The key corner lot spans 11,110 square feet (approximately 0.25 acres) and boasts an impressive 110 feet of frontage on the bustling NE Second Avenue, ensuring high visibility and accessibility for any future development. The property is zoned for commercial neighborhood use, with a Floor Area Ratio (FAR) of 1.72, allowing for versatile building options.
With over 7,500 households within a one-mile radius, the location is poised to serve a substantial customer base. Strategically located in a rapidly developing area, making it an ideal choice for those seeking to establish a commercial presence in this thriving city.

Property Facts

Price $5,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Hotel
  • Unknown
Total Lot Size 0.38 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $5,200,000
Price Per AC $13,684,211
Lot Size 0.38 AC

0.38-acre corner lot of commercial raw land with 150-linear feet of frontage on NE 25th St.

Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (76)
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
01-3230-023-0200
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,291,200

zoning

Zoning Code T6-36A-O (Mixed-Use)
T6-36A-O (Mixed-Use)
  • Listing ID: 32719429

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: 215 NE 25th St, Miami, FL 33137

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