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    2626 NE 2Nd Ave Miami, FL 33127

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    For Sale
    $11,600,000

    Prime development land in Miami's Edgewater neighborhood.

    Property size:
    27,202 SF
    Lot size:
    0.30 Acres

    Property Features for 2626 NE 2Nd Ave

    General Information

    Size
    27,202 SF
    Lot size
    0.30 Acres

    Source: Apex Capital Realty Agent Luciana L. González

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Edgewater Development Opportunity

    This investment opportunity features 27,202 square feet of development potential in Miami’s Edgewater neighborhood. Located within a Qualified Opportunity Zone and the proposed Northeast Residential Density Increase Area, the surrounding area is experiencing growth in multi-family development, commercial spaces, and cultural amenities. The property is positioned at the intersection of the Omni/Arts & Entertainment District, Edgewater, Wynwood, and Midtown neighborhoods. The block has been identified as the future location of the proposed train station, which could lead to zoning changes to encourage transit-oriented development. The property is located minutes from arts & entertainment, Downtown, Wynwood, Midtown, and the Design District. An Environmental Phase I report is available. There is a sale/lease back opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Avanti Shoe Corporation Shoe Store 1811 Revolution Food ... Fast Food Restaurant The Screening Room Exhibit 1811 Pasta Restaurant D'Licious Dessert Shop

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.199354
    Latitude
    25.80191

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    FAQs

    What type of property is this?
    Commercial land - Prime development land in Miami's Edgewater neighborhood.
    Where is this commercial land located?
    The property is located at 2626 NE 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $11,600,000.
    What are key features of this property?
    This property features: - 27,202 sq ft development potential in Miami's Edgewater neighborhood.; - Located within a Qualified Opportunity Zone.; - Within the proposed Northeast Residential Density Increase Area (NRDIA).
    (305) 570-2600
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    2626 NE 2Nd Ave Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2626 NE 2Nd Ave Miami, FL 33127
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