For Sale
$1,999,000

6229 2Nd AveMiami, FL 33138

High-Density Zoning, 4,380 SF Flex Space

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Miami property presents a compelling investment opportunity for developers. Situated on a 12,000 square foot lot in Miami-Dade County, at 6229 NE 2nd Ave, zip code 33138, this 4,380 square foot flex space boasts T-5-0 mixed-use high-density zoning. Built in 1947, the existing structure offers a strong foundation for redevelopment. Current plans, already submitted, propose the construction of an 18-unit building with three-bedroom units, capitalizing on Miami's high demand for housing and extremely low vacancy rates. The projected rental income is $8,000 per month, offering significant potential for future growth. This prime location benefits from exceptional proximity to Miami's Design District, Wynwood, Magic City, Midtown, and Miami's Civic Center, ensuring high occupancy and strong rental rates. The asking price for this covered land play is $1,999,000. This is a rare chance to acquire a highly desirable development site in a rapidly growing area of Miami. The property's zoning and location make it an ideal investment for those seeking substantial returns in the thriving Miami real estate market.

Highlights

  • $1,999,000 asking price.
  • 4,380 square foot flex space.
  • 1947 construction.
  • Located at 6229 NE 2nd Ave, Miami, FL 33138.
  • 1 building on a 12,000 square foot lot with T-5-0 mixed-use zoning.

Property Details for 6229 2Nd Ave

Property type
Mixed-use properties, Industrial properties
Square Feet
4,380 SF
Year Built
1947
Buildings
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8336516
Longitude
-80.1920245
6229 2Nd Ave, Miami, Florida

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6229 2Nd Ave
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