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740 NW 71st st - 740 NW 71st St

1.67 Acres of Commercial Land Offered at $6,500,000 in Miami, FL 33150

Investment Highlights

  • Ideal for SB-102 Developments
  • Qualified Opportunity Zone
  • Convenient access to local and regional markets
  • Efficient site with multiple entry points.

Executive Summary

Rare opportunity to acquire 72,726 SF / 1.66 Ac of industrial land in the thriving Little River neighborhood of Miami. This versatile property is ideally suited for various uses, including industrial developments, small and large bays, or Industrial Outdoor Storage (IOS).
With an efficient layout and multiple access points, the site offers exceptional adaptability, making it an excellent choice for sports and entertainment ventures such as padel tennis, soccer, or similar activities. Its prime location and flexible zoning further enhance its potential, catering to both creative and traditional industrial applications.
The property is strategically located within Miami's urban core and minutes away from the most influential neighborhoods, such as Wynwood, Design District, Downtown, and Brickell. Additionally, its proximity to major thoroughfares and I-95 allows for seamless regional access. The property is eligible for the recently approved Live Local legislature and may house approximately 250 residential units. Please call us for additional information

Property Facts

Price $6,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 1.67 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $6,500,000
Price Per AC $3,893,243.66
Lot Size 1.67 AC

This is a rare opportunity to acquire 72,726 SF of industrial land in the thriving Little River neighborhood of Miami. This versatile property is ideally suited for various uses allowed within the Industrial zoning D1.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3114-019-0220
  • 01-3114-019-0230
  • 01-3114-019-0250
  • 01-3114-019-0260
  • 01-3114-019-0300
  • 01-3114-019-0240
  • 01-3114-019-0280
  • 01-3114-019-0290
  • 01-3114-019-0270
  • 01-3114-019-0450
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,726,575

zoning

Zoning Code D1-T4L (D1 - Industrial District zoning is designed to facilitate a wide range of industrial uses while allowing flexibility for complementary activities.)
D1-T4L (D1 - Industrial District zoning is designed to facilitate a wide range of industrial uses while allowing flexibility for complementary activities.)
  • Listing ID: 33191285

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 740 NW 71st st, Miami, FL 33150

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