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Land
Tools
Size
25,332 Sq Ft.
interior
0.58 Acres
Exterior
Financial
$3,500,000
Change Currency
$138
Price Per Sqft
$14,305
Annual taxes
Listing Details
Land
Property type
10335419
Web Id
2837522-A11524035
MLS ID
112
Days Posted
Description
7424 NE 2nd Ave, Miami, FL 33138
Opportunity to purchase a prime hard corner development site in Little River, Miamis hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation.The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space.The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Price History
| date | Price | variance | type |
|---|---|---|---|
| 1/29/2024 | $3,500,000 | - | Listed |
Listing By: STL Advisors, LLC via Data Source: MIAMI MLS
listing agent: Alexandros Tsoulfas
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