27Th Ave Opa-locka, FL 33054

Property Details for 0 27Th Ave

Property type

Land

Description

This exceptional 30,868 square foot vacant commercial land parcel in Opa-locka, Florida, presents a compelling investment opportunity. Located on NW 27th Avenue in Miami-Dade County, zip code 33054, this property boasts a highly desirable B2 zoning classification, allowing for a wide range of commercial uses. The flexible zoning permits retail, multi-family, and mixed-use developments, excluding industrial uses. This assemblage comprises four folios, covering approximately 1.5 city blocks, offering significant development potential. A zoning overlay further enhances the site's potential, permitting mixed-use projects with up to 150 units per acre. Potential uses include, but are not limited to, restaurants with drive-thrus, retail strips, and car washes. The property's prominent location on NW 27th Avenue ensures high visibility and accessibility. For investors seeking a substantial development opportunity, seller financing is available at an 8% interest rate with a 40% down payment. A separate folio on the north side of Jann Avenue is also available for $700,000. This is a rare chance to acquire a large, versatile commercial land parcel in a rapidly growing area. The asking price for the entire assemblage is $1,500,000.

Location Insight

City

Opa-locka

County

Miami-Dade

State

Florida

Longitude

-80.2445

Latitude

25.92