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8800 NW 7th Ave

1.47 Acres of Residential Land Offered at $5,900,000 in Miami, FL 33150

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Investment Highlights

Great opportunity to purchase and develop large Mixed Use 63,938 square feet lot (1.47 Acre)

Located in opportunity zone

Executive Summary

Great opportunity to purchase and develop large Mixed Use 63,938 square feet lot (1.47 Acre). Site obtained an approval for 11 story building with approximately 100 residential units. Property located in Opportunity Zone and conveniently close to I-95. Variety of automotive uses allowed on the site as well, including car dealership, and Express Car Wash ( Land Owner obtained Car Wash approval as well). Property is currently being rented as a parking lot for commercial vehicles.

Property Facts Under Contract

Price	$5,900,000	Property Subtype	Residential
Sale Type	Owner User	Total Lot Size	1.47 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$5,900,000
Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	1.47 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.