7050 NE 2nd Ave - Little River Nexus Development Site
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7050 NE 2nd Ave - Little River Nexus Development Site
0.77 Acres of Commercial Land Offered at $7,250,000 in Miami, FL 33138
Investment Highlights
- Opportunity to occupy a full block along a major road
- Located within an Opportunity Zone
- Desirable T6-8-O zoning with by-right density for 116 units
- Excellent accessibility and proximity to upcoming new developments and neighborhoods
Executive Summary
Introducing the rare opportunity to own a full block of covered land in the rapidly growing Little River neighborhood. Situated at the intersection of NE 71st St and NE 2nd Ave, the site features T6-8-O zoning, allowing for high-density commercial or mixed-use developments and its central location provides excellent accessibility and proximity to ongoing and planned projects in the area plus major neighborhoods. With Little River emerging as a key area of development, the property is well-positioned to benefit from the neighborhood’s upward trajectory.
Property Facts
| Price | $7,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.77 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $7,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.77 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $7,250,000 | Lot Size | 0.77 AC |
| Price Per AC | $9,415,584 |
| Price | $7,250,000 |
| Price Per AC | $9,415,584 |
| Lot Size | 0.77 AC |
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $307,302 | |
| Land Assessment | $1,576,250 | Total Assessment | $1,883,552 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,576,250
Improvements Assessment
$307,302
Total Assessment
$1,883,552
zoning
| Zoning Code | T6-8-O (Allowable uses are multi-family, retail, office, hotel, mixed-use, educational and religious. Max density 116 units (by right), max height 8 stories.) |
| T6-8-O (Allowable uses are multi-family, retail, office, hotel, mixed-use, educational and religious. Max density 116 units (by right), max height 8 stories.) |
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7050 NE 2nd Ave - Little River Nexus Development Site
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