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7 NE 42Nd St Miami, FL 33127

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For Sale
$3,000,000

Multifamily property near Design District with development potential.

Lot size:
0.22 Acres

Property Features for 7 NE 42Nd St

General Information

Lot size
0.22 Acres

Source: ELM Group at Keller Williams Agent Enrique Montoya

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


Overview

Multifamily Property on Corner Lot

This multifamily property is situated on a corner lot with 100 feet of frontage on N Miami Avenue. The property currently operates as a multifamily residence, featuring a 3-bedroom, 2-bathroom single-family home and a 1-bedroom, 1-bathroom apartment. Located on the border of Historic Buena Vista and Miami's Design District, it is positioned directly in front of The Centner Academy. The existing T3-O zoning can be transitioned to T4-O, offering multiple development opportunities. Potential uses include residential, office, commercial, or educational purposes. The property allows for construction of up to 3 floors or 11,998 square feet. The location benefits from traffic along N Miami Ave, the Design District, and Historic Buena Vista.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Realty agency Dental Office Spa & Massage Restaurant Hair Salon 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
-80.196611
Latitude
25.815317

FAQs

What type of property is this?
Multifamily property - Multifamily property near Design District with development potential.
Where is this multifamily property located?
The property is located at 7 NE 42Nd St Miami, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: - Corner lot with **100 feet of frontage on N Miami Avenue.**; - Located on the border of Historic Buena Vista and Miami's Design District.; - T3-O zoning, can be transitioned to T4-O (development feasibility study available).
More about this property
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