8500 NW 7th St - Fontainebleau Apartments
1.71 Acres of Residential Land 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
1 LOT AVAILABLE
Lot
| Lot Size | 1.71 AC |
Exceptional location and Administrative 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
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 |
ZONING
| Zoning Code | MCD (Mixed-Use Corridor District) |
