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Development Site in Little River 7618-7624 NE 2nd Ave

13,268 SF Retail Building Miami, FL 33138 $1,990,000 ($150/SF)

Investment Highlights

  • Convenient parking on-site
  • A few steps away from the proposed Magic City Innovation District.

Executive Summary

13,268 SF development site zoned T6-8-O located in Little River’s most desirable corridor with a 2,618 Free-Standing Commercial/Flex Building. The asset provides a buyer with a variety of opportunities to capitalize on the versatility of this property. Its zoning and location allow for many uses such as multifamily development with up to 46 units as right, Retail, F&B, flex office/creative space, art gallery, gym, and commissary kitchens. The property is vacant, making it ideal for investment purposes or end-user accommodations.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,268 SF
Building Class
C
Year Built
1938
Price
$1,990,000
Price Per SF
$150
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Land Acres
0.30 AC
Opportunity Zone
Yes
Zoning
C-1 - General Commercial
Parking
6 Spaces

Amenities

  • Signage
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (72)
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.®

Nearby Major Retailers

F45 Training, Inc.
Krispy Krunchy Chicken
Rent-A-Center
YouFit Gyms
Sabor Tropical Supermarket
Presidente Supermarket
Chase Bank
Orangetheory Fitness
TD Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3112-065-0190
  • 01-3112-065-0330
Land Assessment
$1,326,800
Improvements Assessment
$134,910
Total Assessment
$1,461,710
  • Listing ID: 26525773

  • Date on Market: 8/31/2022

  • Last Updated:

  • Address: 7618-7624 NE 2nd Ave, Miami, FL 33138

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