701 NW 42nd Ave Miami, FL 33126

Listing agency Marcus & Millichap - Miami j***@marcusmillichap.com Show Phone

Listed by Jonathan De La Rosa · License #SL3639184

Source Crexi

Added: Apr 11 Updated: Jul 20 at 6:38PM Checked: Jul 20 at 6:38PM

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Investment Insights

Based on property information with market context.

This 32,305 SF development site is zoned T6-8-O and supports up to 8 stories as of right. The property can accommodate up to 111 multifamily units or 222 hotel rooms, along with other uses including retail and office.

The site is positioned at a highly trafficked Miami intersection, with LeJeune and NW 7th Street reporting over 84,500 vehicles per day. It also offers multiple ingress/egress points via Lejeune and NW 7th Street, with nearby activity including a large mixed-use and retail development within roughly seven blocks.

Located about 1/2 mile from Miami International Airport, the site’s practical access and redevelopment flexibility make it suitable for a range of mixed-use concepts supported by the current zoning.

Key Highlights

• 32,305 SF T6‑8‑O zoned land with capacity for 8 stories as of right
• Can accommodate up to 111 multifamily units or 222 hotel rooms, with other uses possible (retail and office)
• Multiple ingress/egress points via Lejeune and NW 7th Street

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FAQs

What type of property is this?

Commercial land - Zoned T6-8-O land with multiple access points and capacity for up to 8 stories as of right.

Where is this commercial land located?

The property is located at 701 NW 42nd Ave Miami, FL.

What are key features of this property?

This property features: 32,305 SF T6‑8‑O zoned land with capacity for 8 stories as of right; Can accommodate up to 111 multifamily units or 222 hotel rooms, with other uses possible (retail and office); Multiple ingress/egress points via Lejeune and NW 7th Street