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8500 NW 7th St - Fontainebleau Apartments
0.56 - 1.71 Acre Residential Land Lots in Miami, FL 33126
Investment Highlights
- Irreplaceable location
- A great price and a seller with the willingness and flexibility to work with a buyer/developer
- An area in need of new housing stock
Executive Summary
The owner is flexible with terms. Seller financing is available. Joint Venture, land contributed as Limited Partner, or Co-General Partner are all possibilities.
Open to all serious offers.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 2 | Total Lot Size | 2.27 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.27 AC |
2 Lots Available
Lot
| Lot Size | 1.71 AC |
| Lot Size | 1.71 AC |
Exceptional location and Adminstrative Site Plan Review completed Nov. 4,2024 with 2 parcels passing through from NW 8th St to NW 7th S Property is 1.71 acres/1.93 ac from ROWs Very constrained market which is overwhelmingly 1990's era condo.
Lot
| Lot Size | 0.56 AC |
| Lot Size | 0.56 AC |
Folio:30-3053-001-0780 is 24,600 sq ft.
Description
The property presents an exceptional development opportunity in a prime location. This mixed-use project has received full Administrative Site Plan Review approval for a substantial residential and commercial complex. The proposed development includes 368 apartments and 100 serviced apartments, addressing the area's need for new housing stock. Additionally, the plan incorporates 4,590 square feet of retail space, enhancing the property's mixed-use appeal. The development is set to feature ample parking to accommodate residents and visitors. Comprising two parcels totaling nearly two acres, this irreplaceable location offers a unique chance to contribute to the neighborhood's growth and meet the demand for modern living spaces in Miami. This development opportunity is strategically positioned to capitalize on the area's need for new housing stock and retail amenities. The project's scale and mix of residential and commercial spaces make it a significant addition to the local real estate market, potentially attracting a diverse range of residents and businesses to the area
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,353,990 |
PROPERTY TAXES
zoning
| Zoning Code | MCD (Mixed-Use Corridor District) |
| MCD (Mixed-Use Corridor District) |
-
David Restainer, CCIM -
Douglas Elliman
Presented by
8500 NW 7th St - Fontainebleau Apartments
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