7635 2Nd AveMiami, FL 33138

  • Land
  • 0.10 AC
For Sale
$900,000 View listing

Property Details for 7635 2Nd Ave

Lot size
0.10 AC
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Land
Property subtype
Commercial land
APN
01-3207-039-0260
APU
132070390260

Description

This exceptional 4,500 sq ft vacant land parcel, located at 7635 NE 2nd Ave, Miami, FL 33138, presents a remarkable mixed-use development opportunity. Zoned T6-8 Open, this property allows for a diverse range of uses, including office, retail, and residential. The site boasts a maximum buildable area of 24,500 sq ft, permitting the construction of an eight-story building with up to 16 residential units. Its strategic location offers unparalleled access to Miami's vibrant Design District, renowned for its upscale boutiques, art galleries, and culinary scene. The property's proximity to the trendy Wynwood neighborhood, famous for its colorful murals and bustling atmosphere, further enhances its appeal. Additionally, its convenient location near the Village of El Portal provides easy access to various amenities and transportation options. This is a rare chance to acquire a highly desirable development site in one of Miami's most sought-after areas, offering significant potential for substantial returns. The asking price for this prime property is $900,000. Don't miss this opportunity to capitalize on Miami's thriving real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,341,730
    Hospitality
    $3,061,007
    Educational
    $2,546,722
    Medical
    $2,634,308
    Retail
    $3,961,567
7635 2Nd Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8455
Longitude
-80.1925
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,886
$450,000
-
$450,000
-
$450,000
-
$450,000

FAQs

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