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230 NW 71St St Miami, FL 33150

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For Sale
$4,000,000

Located in Little River/Little Haiti, a rapidly transforming area.

Property size:
7,084 SF
Lot size:
12,300.00 Acres

Property Features for 230 NW 71St St

General Information

Standard status
Active
Zoning
T5-O
Size
7,084 SF
Lot size
12,300.00 Acres

Building Details

Year built
1949

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Listing Contact
Juan Nava
Juan Nava
Source: Crexi

Listing Agency: Metro 1 Commercial Listing Agent: Juan Nava

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

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Overview

Miami Mixed-Use Development Opportunity

Located at 230 NW 71 Street, Miami, FL, this property is situated in the Little River/Little Haiti area, recently recognized as a vibrant neighborhood. The area is undergoing a transformation from industrial to creative office, retail, restaurants, breweries, showrooms, and other cultural uses. The property is zoned T5-O, which allows for a range of innovative and industrial businesses, as well as the potential for 5 stories of development. Several large-scale projects are underway in the area. These include the 349-unit Sixty Uptown at Magic City Innovation District, AJ Capital’s 27-acre mixed-use development, Cedar Street’s 191-unit project, Swerdlow’s mega development, Yakol’s HOUSE by Shigeru Ban, and Midtown Capital’s 348-unit project. Additionally, directly across the street, AJ Capital acquired the entire city block and is planning to reposition its existing buildings in the short term. The property consists of 7,084 square feet. The spaces have been renovated to cater to innovative and modern businesses that require creative spaces within an ecosystem staged for collaboration and creativity.
Location Intelligence

Current Use by Public Records

Helmet One - Motor ... Auto Parts Store FRM Studio Marketing & Advertising Jenny Perez Art Corporate Office Frames and Stretchers Little ... (Bike/Boat/Book/etc) Store Art Space 305 Art Gallery

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.121155
Latitude
25.855871

FAQs

What type of property is this?
Mixed-use property - Located in Little River/Little Haiti, a rapidly transforming area.
Where is this mixed-use property located?
The property is located at 230 NW 71St St Miami, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - Located in Little River/Little Haiti, named the 'coolest neighborhood in Miami' by Time Out Magazine.; - Significant development potential with T5-O zoning, allowing for up to 5 stories of development.; - Potential to increase net rents to $45-$55 PSF NNN by rolling over rents to market rates.
More about this property
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