West Little River 2AC Assemblage 300-500 UNIT | 8975 NW 27th Ave
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West Little River 2AC Assemblage 300-500 UNIT 8975 NW 27th Ave
1,634 SF Retail Building Miami, FL 33147 $6,890,000 ($4,217/SF)
Investment Highlights
- Prime 2-Acre Development Site with the potential to build over 500 units.
- Opportunity for Self-service mini-warehouse storage facility
- Strategic Frontage on NW 27th Ave (Smart Corridor) with an average daily traffic count of 33,500
- Garage or mechanical service, including automobile repairs, body and top work and painting.
Executive Summary
Live Local Special!!Exceptional 2 Acre Assemblage Development Opportunity in the heart of West Little River, Miami, FL. This prime location, fronting NW 27th Ave (Smart Corridor), with an average daily traffic count of 33,500. The offering consists of two properties: Front Property: Address: 8975 NW 27th Ave, Lot Size:70,789 Sqft, Can be sold separately $5,500,000). This property fronts NW 27th Ave and includes a grandfathered dealership and mechanic facility license. Location: Positioned on the Rapid Transit North Corridor, a $1.9B program designed to extend the County’s existing Metrorail system along NW 27th Avenue, providing a seamless transit experience from the Martin Luther King Station to County Line. Second Property: Address: 2540 NW 90th St , Lot Size: 20,500 Sqft. This property includes a turn key seven-unit multifamily building, with income in place. This is a rare opportunity to invest in a high-traffic, strategically located development site in Miami. Don’t miss the chance to capitalize on the growth and transformation of the NW 27th Ave corridor. Both lots can be sold individually largest lot $5.3 Million.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,634 SF
Building Class
C
Year Built
1993
Price
$6,890,000
Price Per SF
$4,217
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.09 AC
Zoning
UC-CENTER MCS - Unlock significant density potential with Live Local, offering the opportunity to build over 500 units.
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,474,871 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,474,871
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West Little River 2AC Assemblage 300-500 UNIT | 8975 NW 27th Ave
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