0 210Th St Miami Gardens, FL 33169
Exceptional opportunity to acquire a 2.66-acre development site in Miami Gardens, Florida, located at NW 7th Ave & NW 210th Street, zip code 33169. This PD-zoned parcel (APN 34-1135-000-0140) offers approved plans for a striking 8-story residential building encompassing approximately 110,513 gross square feet. The proposed design includes surface parking on the ground floor and seven floors of apartments, totaling 100 units. The unit mix comprises 33 one-bedroom units (534 sq ft plus 95 sq ft balcony), 56 two-bedroom units (804 sq ft plus 95 sq ft balcony), and 11 larger two-bedroom units (895 sq ft plus 95 sq ft balcony). The site itself boasts a total area of 115,826 square feet (2.66 acres), with a building coverage of 21,133 square feet (18.2%) and a significant landscape area of 34,748 square feet. The project's Floor Area Ratio (FAR) is 0.95. This prime location presents a compelling investment opportunity for developers seeking to capitalize on the strong demand for residential units in the thriving Miami Gardens market. The asking price for this exceptional development site is $135,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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