2600 2Nd AveMiami, FL 33137

Property Details for 2600 2Nd Ave

Year built

1948

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

5,990 SF

Zone code

6101

Property type

Land

Property subtype

Commercial land

APN

01-3125-032-0130

APU

131250320130

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $5,919,568

  Hospitality

  $5,422,293

  Educational

  $4,511,284

  Medical

  $4,666,434

  Retail

  $7,017,553

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8017

Longitude

-80.1994

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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