2140 2Nd Ave Miami, FL 33137

This exceptional Miami, Florida property presents a unique investment opportunity. Located in the highly sought-after Edgewater neighborhood, on NE 2nd Avenue, this 30,725 square foot land assemblage is zoned T6-12-O and comes with an approved site plan for a 160-unit residential development. This includes 54 bonus units granted through a Transfer of Development Density (TDD), exceeding standard zoning allowances. The property benefits from its strategic location, adjacent to Wynwood and north of the Arts & Entertainment District, placing it within a vibrant and rapidly developing area. Adding to its appeal, this assemblage is situated within a Qualified Opportunity Zone (QOZ), offering significant tax advantages. Two existing structures are included: an 8,200 square foot MIDAS center (built in 2019) and a 3,000 square foot multi-family building, both currently vacant but offering potential rental income until development commences. This is the first time both parcels are available as a pre-packaged deal, presenting a streamlined and attractive acquisition opportunity. The asking price for this prime development site is $14,000,000. This is a rare chance to acquire a fully entitled, ready-to-develop site in one of Miami's most dynamic neighborhoods.