Development Site in Little River | 7618-7624 NE 2nd Ave
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $134,910 | |
Land Assessment | $1,326,800 | Total Assessment | $1,461,710 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,326,800
Improvements Assessment
$134,910
Total Assessment
$1,461,710
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Development Site in Little River | 7618-7624 NE 2nd Ave
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