7900 21St Ave Miami, FL 33147
- Land
- 9,450 SF
- 0.21 lot acres
Current Use by Public Records
- Land
Property Details for 7900 21St Ave
- Lot size
- 0.21 lot acres
- Property size
- 9,450 SF
- Property type
- Land
Description
This exceptional 0.21-acre development site, located at 7900 NW 21st Ave in Miami, Florida (33147), presents a unique opportunity to acquire a fully approved 26-unit residential project with two retail spaces. The property, encompassing 9,450 square feet (70 x 135 lot dimensions), is zoned NCUAD and boasts a five-story building plan already approved. The project benefits from a significant 25% workforce housing density bonus and a complete 100% parking reduction, streamlining construction and maximizing profitability. Four units are designated as Workforce Housing Units (WHUs). This prime location on the 79th Street corridor offers convenient access to public transportation via the nearby Northside Metrorail Station and Northside Center Mall, along with numerous shopping options and three nearby grocery stores. Major highways are also easily accessible. The asking price is $990,000 ($104.76 per square foot), and the approved plans allow for expedited construction commencement, minimizing delays and maximizing return on investment. The APN is 30-3110-057-1822. This is a turnkey opportunity for immediate development.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2315
- Latitude
- 25.8464
