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6900 NE 2nd Ave

0.52 Acres of Commercial Land Offered at $2,790,000 in Miami, FL 33138

Commercial Land Florida Miami 6900 NE 2nd Ave, Miami, FL 33138

Investment Highlights

  • Located in High-Growth Area - Little Haiti/Little River
  • Corner Lot
  • Ideal for Live Local Act

Executive Summary

Metro 1 Commercial QOZB LLC (“Metro 1”) exclusively presents for sale the property located at 6900-6920 NE 2 Avenue, Miami, FL (“The Property”).The Property is located at NE 2 Avenue in the Little Haiti/Little River neighborhood, just north of the Design District and the Magic City Innovation District, with easy access to Miami Beach and Major highways such as I-95 and I-195. Only minutes away from Wynwood, Midtown, and the Biscayne Corridor. Under the Live Local Act, the Property may be able to apply to a density of up to 150 units+ and 8 stories, by renting at least 40% of the units to residents earning up to 120% area median income (“AMI”).

Data Room Click Here to Access

  • Offering Memorandum
  • Market Information
  • Operating and Financials
  • Miscellaneous

Property Facts

Price $2,790,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
No. Lots 1 Total Lot Size 0.52 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $2,790,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 0.52 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $2,790,000 Lot Size 0.52 AC
Price Per AC $5,319,169.22
Price $2,790,000
Price Per AC $5,319,169.22
Lot Size 0.52 AC

22,848 SF Lot zoned T5-O The Property is zoned T5-O, which allows for up to 65 units per acre and up to five stories.

Description

Under the Live Local Act, the Property may be able to apply to a density of up to 150 units+ and 8 stories, by renting at least 40% of the units to residents earning up to 120% area median income (“AMI”). The area is ripe for development, with major projects nearby like the Magic City Innovation District - Little Haiti with 2,700 units, AJ Capital’s Little River with a few hundred units, CEDARst’s multifamily project on 77th St & NE 2 Ave with 191 units, and Morgan Reed’s Little River Center with 100 units.

Links

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6900 NE 2nd Ave, Miami, FL - aerial map view
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (78)
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Transit Score® measures access to public transit.
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PROPERTY TAXES

Parcel Number 01-3113-009-0600 Improvements Assessment $0
Land Assessment $0 Total Assessment $447,882

PROPERTY TAXES

Parcel Number
01-3113-009-0600
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$447,882

zoning

Zoning Code T5-O (Allows up to 5 stories and 65 units per acre)
T5-O (Allows up to 5 stories and 65 units per acre)
(305) 571-9991

Contacts

  • Listing ID: 30802460

  • Date on Market: 1/28/2024

  • Last Updated:

  • Address: 6900 NE 2nd Ave, Miami, FL 33138

More public record information on 6900 NE 2nd Ave, Miami, FL 33138

The Land Property at 6900 NE 2nd Ave, Miami, FL 33138 is currently available for sale. Contact Metro 1 Commercial for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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6900 NE 2nd Ave
(305) 571-9991 x

6900 NE 2nd Ave

1/2

Andres Nava

(305) 571-9991

(305) 571-9991

Chris Funk

(305) 619-6836

(305) 619-6836

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