2110 42Nd Ave Miami, FL 33142

This exceptional 7-acre waterfront property in Miami, Florida, presents a rare redevelopment opportunity. Located at 2110 NW 42nd Ave, Miami, FL 33142 (APN: 01-3231-010-8051), this mixed-use site boasts a T6-8-L zoning designation, allowing for a diverse range of development options. City approvals are in place for over 1,200 residential units, making this an ideal location for a large-scale multifamily project, such as an apartment building or condominium complex. The property's substantial size, exceeding 1.1 million square feet of buildable area, also lends itself to the construction of a flagship hotel or office building. Given its proximity to Miami International Airport and major highways, this location offers unparalleled accessibility and high visibility. The property is currently offered as a whole, but individual parcel sales may be considered. This is a 1031 exchange eligible property. The site is categorized as Land, Mixed Use, Multifamily, and Office, with existing subtypes including Apartment Building, Commercial, and Traditional Office. The property is not subject to a ground lease. This is a truly unique opportunity to acquire a significant waterfront development site in the heart of Miami. The eight-story height restriction allows for substantial building density. The potential for a high-return investment is significant, given the prime location and approved development plans.