5642 2Nd AveMiami, FL 33137

Property Details for 5642 2Nd Ave

Lot size

0.14 AC

Zone code

6101

Property type

Commercial land

APN

01-3113-065-2640

APU

131130652640

Description

This exceptional 5,941-square-foot vacant commercial lot presents a unique investment opportunity in Miami-Dade County. Its strategic location directly adjacent to the rapidly expanding Magic City development ensures high visibility and significant foot traffic. The property boasts a prime position on a busy street, maximizing exposure to potential customers and clients. Furthermore, its proximity to the renowned Design District, with its upscale shopping, dining, and art galleries, and its close distance to the energetic Midtown Miami area, provides unparalleled access to a wealth of amenities and a thriving urban community. This translates to a strong potential for both commercial and residential development, capitalizing on Miami's robust and dynamic growth trajectory. The single-tenant land parcel offers developers and investors a blank canvas to create a project that will thrive in this highly sought-after location. The area's vibrant atmosphere and convenient access to various attractions make this lot an exceptional choice for those seeking a high-impact investment in a rapidly developing part of Miami. This is a rare opportunity to secure a significant piece of land in a booming area.

• Alternative Use

  Use

  Valuation

  Residential

  $4,411,826

  Hospitality

  $4,041,209

  Educational

  $3,362,238

  Medical

  $3,477,871

  Retail

  $5,230,149

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8279

Longitude

-80.1923

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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