18831 25Th Ave Miami, FL 33180
This exceptional 58,996 square foot commercial land parcel presents a unique development opportunity in Miami's desirable Ojus area, nestled between Aventura and North Miami Beach. Zoned UC-RM (Urban Center – Residential Modified District), this property allows for the construction of up to 121 multi-family units as a matter of right. Additional permitted uses, subject to exceptions, include hotel, religious facilities, and assisted living or other medical uses. Its strategic location offers unparalleled convenience, situated just two blocks from Biscayne Boulevard (US-1) and within a mile of Aventura Mall, the new Brightline Aventura Station, and a wealth of retail, entertainment, and dining options, including Publix, Fresh Market, Starbucks, AMC Theatres, Turnberry Isle Country Club, and numerous upscale restaurants. The site also enjoys close proximity to key cultural, religious, and educational institutions such as the Michael-Ann Russell Jewish Community Center (MARJCC), Scheck Hillel Community School, and Regents Park at Aventura, along with several other schools and parks. This thriving area is experiencing significant growth, with over 1,000 new residential units currently under construction or planned within the immediate vicinity. The asking price for this remarkable development site is $6,650,000. APN: 30-2204-000-0450.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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