High-Density Multifamily Development
For Sale
Contact for pricing
Pending
742 NW 2nd St, Miami, FL 33128
For-sale multifamily site with high-density zoning and entitlements supporting up to 26 units by right.
Property SizeContact for details
Days on Market149
Property Features for 742 NW 2nd St
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Fausto Commercial Realty Consultants
Listed By:
Carlos Miranda · License #FL
(305) 431-2258
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Sep 6 at 9:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants
Investment Insights
Based on property information with market context.
The property is being marketed as a high-density multifamily development site. The stated zoning allows high-density density of 150 units/acre, with entitlement to develop 26 units by right, and TOD benefits described as allowing for parking reductions.
Located in East Little Havana along the active Miami River front and near NW 8 AV, the site is presented in the context of nearby mixed-use and riverfront development. Public remarks cite proximity to the Carlos Zapata-designed 555 Riverhouse, the Miami River Walk project described as a 688-unit development along 6.3 acres by the river, and other development activity in the area. The remarks also reference J. Milton & Associates having constructed 250 units just behind the site, and a proposed “Reflections” project described as a 138-unit, 12-story building across the street from Miami River Walk.
Located in East Little Havana along the active Miami River front and near NW 8 AV, the site is presented in the context of nearby mixed-use and riverfront development. Public remarks cite proximity to the Carlos Zapata-designed 555 Riverhouse, the Miami River Walk project described as a 688-unit development along 6.3 acres by the river, and other development activity in the area. The remarks also reference J. Milton & Associates having constructed 250 units just behind the site, and a proposed “Reflections” project described as a 138-unit, 12-story building across the street from Miami River Walk.
Key Highlights
- For‑sale multifamily development site in East Little Havana near the active Miami River and NW 8 AV
- High‑density zoning at 150 units/acre supports up to 26 units by right
- TOD benefits include potential parking reductions
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 33128, FL
8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - For-sale multifamily site with high-density zoning and entitlements supporting up to 26 units by right.
Where is this apartment building located?
The property is located at 742 NW 2nd St Miami, FL.
What are key features of this property?
This property features: For‑sale multifamily development site in East Little Havana near the active Miami River and NW 8 AV; High‑density zoning at 150 units/acre supports up to 26 units by right; TOD benefits include potential parking reductions
