Signalized Corner Development
Ali Baba Avenue NW Ali Baba Avenue 22nd Street Opa Locka, FL 33054
Ali Baba Avenue NW Ali Baba Avenue 22nd Street, Opa Locka, FL, 33054
$1,850,000
For Sale
$1,850,000
Hard-signalized corner parcel with B-2 zoning and corridor overlay, supporting mixed-use density up to 3.0 FAR.
Lot Size1.00 Acre
Days on Market24
Property Features for Ali Baba Avenue NW Ali Baba Avenue 22nd Street
General Information
- Standard status
- Active
- Lot size
- 1.00 Acre
- Property subtype
- Land
Listing agency
Compass Florida, LLC
(305) 989-6686
Listed by
Joshua Kaufman · License #A11996134
(305) 989-6686
Source
Laerrealty
Added: Jun 30 Updated: Jul 6 at 4:41PM Checked: Jul 22 at 2:51AM
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 Compass Florida, LLC
Investment Insights
Based on property information with market context.
An approximately 1.0-acre hard signalized corner development site offering 900+ linear feet of frontage across three sides. The parcel totals 42,531 SF and is positioned for mixed-use development. A Phase I ESA is on file with no recognized environmental conditions. A prior approved Medical, Education, Office project is also on file as an alternative development path.
The site is described as being at the gateway of the Opa-Locka Innovation District and is located within Miami-Dade’s SMART Plan transit corridor, tied to an elevated Metrorail extension along NW 27th Ave. The property benefits from a Corridor Mixed Use Overlay applied alongside B-2 zoning.
Under the Corridor Mixed Use Overlay, the property supports 146 residential units by-right at a 3.0 FAR. The development program is described as expandable to eight stories through the affordability density incentive under the Live Local Act. The property is also identified as eligible due to a Qualified Census Tract for enhanced LIHTC basis, which may be relevant for qualifying affordable housing financing structures.
The site is described as being at the gateway of the Opa-Locka Innovation District and is located within Miami-Dade’s SMART Plan transit corridor, tied to an elevated Metrorail extension along NW 27th Ave. The property benefits from a Corridor Mixed Use Overlay applied alongside B-2 zoning.
Under the Corridor Mixed Use Overlay, the property supports 146 residential units by-right at a 3.0 FAR. The development program is described as expandable to eight stories through the affordability density incentive under the Live Local Act. The property is also identified as eligible due to a Qualified Census Tract for enhanced LIHTC basis, which may be relevant for qualifying affordable housing financing structures.
Key Highlights
- 1.0‑acre hard‑signalized corner development site with 900+ LF frontage across three sides and 42,531 SF total lot size
- Zoned B‑2 with Corridor Mixed Use Overlay supporting 146 residential units by‑right at 3.0 FAR
- Density can expand up to eight stories through the affordability density incentive under the Live Local Act
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Hard-signalized corner parcel with B-2 zoning and corridor overlay, supporting mixed-use density up to 3.0 FAR.
Where is this commercial land located?
The property is located at Ali Baba Avenue NW Ali Baba Avenue 22nd Street Opa Locka, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 1.0‑acre hard‑signalized corner development site with 900+ LF frontage across three sides and 42,531 SF total lot size; Zoned B‑2 with Corridor Mixed Use Overlay supporting 146 residential units by‑right at 3.0 FAR; Density can expand up to eight stories through the affordability density incentive under the Live Local Act