For Sale
$11,600,000

2600 2Nd AveMiami, FL 33137

Prime investment, 27,202 SF, 93 units.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, totaling 27,202 square feet, presents a compelling investment opportunity in Miami's thriving Edgewater neighborhood. Currently operating at 100% occupancy with 93 units, this asset is priced at $11,600,000, translating to $426 per square foot. Situated on a 27,202 square foot lot, the property boasts a T6-12-O zoning designation. Its strategic location at the nexus of Edgewater, Wynwood, Midtown, and the Omni/Arts & Entertainment District offers unparalleled access to Miami's vibrant cultural scene and burgeoning commercial activity. The property benefits from its proximity to a proposed train station, positioning it to capitalize on future transit-oriented development. Furthermore, its location within a Qualified Opportunity Zone and the proposed Northeast Residential Density Increase Area (NRDIA) suggests significant future development potential. A Phase I environmental report is available. A sale/leaseback option is also being considered. This property is minutes from Downtown, Wynwood, Midtown, and the Design District. This is a rare chance to acquire a substantial mixed-use asset in one of Miami's most dynamic and rapidly appreciating neighborhoods.

Highlights

  • Proximity to proposed Wynwood/Edgewater Train Station.
  • Located in a Qualified Opportunity Zone.
  • Situated in the proposed Northeast Residential Density Increase Area (NRDIA).
  • Surrounded by new and proposed development.
  • Phase I environmental report available.
  • Sale/leaseback option available.

Property Details for 2600 2Nd Ave

Property type
Retail properties, Mixed-use properties
Square Feet
27,202 SF
Units
93

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.80211411809
Longitude
-80.19097430676
2600 2Nd Ave, Miami, Florida

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2600 2Nd Ave
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