7927 NW 7th Ave - 7927 NW 7th Ave- 8028 NW 6th Ct
0.93 Acres of Commercial Land Offered at $9,310,210 CAD in Miami, FL 33150
INVESTMENT HIGHLIGHTS
- May be developed into residential unit
- Access to major transportation thoroughfares.
- The property is also eligible to benefit from the Florida “Live Local”
EXECUTIVE SUMMARY
The site is approximately 1 acre and may be developed into approximately 173 residential units. Additionally, the zoning allows for multiple other commercial uses.
Paired with the site’s incredible visibility on I-95 and NW 7th Avenue, this allows a developer to capitalize on the property’s exposure and immediate access to
major transportation thoroughfares.
The proposed development scenario takes into consideration a parking podium on the 8028 NW 6th Ct folio,connecting to a residential tower on the northwest section of 7927 NW 7 th Avenue. The envisioned development would neighbor the existing Double Tree by Hilton Hotel, a highly successful hotel currently in operations since 2021.
The property is also eligible to benefit from the Florida “Live Local” zoning legislature that allows developers with substantial incentives and benefits
to build housing.
Paired with the site’s incredible visibility on I-95 and NW 7th Avenue, this allows a developer to capitalize on the property’s exposure and immediate access to
major transportation thoroughfares.
The proposed development scenario takes into consideration a parking podium on the 8028 NW 6th Ct folio,connecting to a residential tower on the northwest section of 7927 NW 7 th Avenue. The envisioned development would neighbor the existing Double Tree by Hilton Hotel, a highly successful hotel currently in operations since 2021.
The property is also eligible to benefit from the Florida “Live Local” zoning legislature that allows developers with substantial incentives and benefits
to build housing.
PROPERTY FACTS
| Price | $9,310,210 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.93 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $9,310,210 CAD |
| Price Per AC | $10,013,648.98 CAD |
| Lot Size | 0.93 AC |
1 of 1
PROPERTY TAXES
| Parcel Number | 30-3112-091-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $16,998,663 CAD |
ZONING
| Zoning Code | UC-MM | UC-MC |
