1448 2Nd Ave Miami, FL 33136
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1448 2Nd Ave
- Property type
- Commercial real estate
Description
This exceptional multifamily development opportunity is located at 1448 NW 2nd Ave, Miami, Florida, 33136, in Miami-Dade County. Currently listed at $1,599,000, this property presents a unique chance to capitalize on a vibrant and growing area. The property boasts commercial/residential T5 zoning, allowing for significant development potential. Bonus zoning permits the addition of two stories, maximizing buildable space and unit count. With the highest density zoning in the area, the potential for residential units is estimated at up to 35. The property's location within an Opportunity Zone further enhances its investment appeal. A readily available workforce adds to the project's feasibility. The property is being sold "AS-IS" with the possibility of owner financing up to a maximum of 30%. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its potential. This is a remarkable chance to create a substantial multifamily development in a prime Miami location. The high density zoning and potential for numerous units make this a highly attractive investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1988
- Latitude
- 25.7894
