For Sale
$25,000,000

2055 7Th Ave Miami, FL 33127

Prime Miami development land, Live Local Act compliant.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2.5-acre site, totaling 124,485 square feet, presents a remarkable opportunity in Miami's burgeoning Allapattah neighborhood. Located at 2055 NW 7th Ave, Miami, FL 33127, this property boasts a strategic location adjacent to both the University of Miami/Jackson Health District and Wynwood, offering unparalleled access to major transportation arteries and amenities. The site is zoned D2, allowing for an 8-story non-residential building by right with 90% lot coverage, or, under the Live Local Act, approximately 1,012 buildable units. The property includes four existing warehouses totaling roughly 40,000 square feet, providing potential for interim income generation as a last-mile facility. Its designation as an Opportunity Zone and its inclusion within the Southeast Overtown/Park West CRA further enhance its investment appeal. Situated just 100 feet from the UHealth/Converge Miami Life Science Building and Lindsey Hopkins Technical College, and within a half-mile of the Santa Clara Metrorail station and a 7-minute drive to the Downtown Brightline Station, this location offers exceptional connectivity. Direct access to Metrobus routes 77 and 20 provides convenient transit links to Government Center Metrorail, Metro Mover, Miami International Airport, and South Beach. The asking price for this rare, central Miami property is $25,000,000.

Highlights

  • 2.5-acre development site in Miami's Allapattah neighborhood.
  • Live Local Act allows for approximately 1,012 residential units.
  • Prime urban infill location.
  • Located in an Opportunity Zone.
  • Situated within the South East Overtown/Park West Community Redevelopment Area (SEOPW CRA).
  • 100 feet from UHealth/Converge Miami Life Science Building.

Property Details for 2055 7Th Ave

Property type
Land, Industrial properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.795731995801
Longitude
-80.206990322849

FAQs

What type of property is this?
Land - Prime Miami development land, Live Local Act compliant.
Where is the land located?
The property is located at 2055 7Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 2.5-acre development site in Miami's Allapattah neighborhood.; Live Local Act allows for approximately 1,012 residential units.; Prime urban infill location.
How can I contact the broker?
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2055 7Th Ave
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