4420 NW 7Th Ave Miami, FL 33127

This exceptional 17,500-square-foot property, located at 4420 NW 7th Ave in Miami, Florida (zip code 33127), presents a unique investment opportunity. Currently vacant, this mixed-use site is zoned T5-O, offering significant development potential. Built in 1958, the property is priced at $2,200,000, translating to $125 per square foot. The zoning allows for a substantial project encompassing both retail and residential components. Specifically, the zoning permits up to 10,000 square feet of retail space and 20 residential units, spread across a potential five-story building. This prime Miami location, in Miami-Dade County, offers developers a chance to create a thriving mixed-use development. The property's size and zoning make it ideal for a boutique apartment building incorporating ground-floor retail space, such as a bodega, catering to the local community. This is a rare chance to acquire a large, well-located parcel in a rapidly growing area of Miami. The asking price reflects the significant potential for future development and strong returns on investment. Serious inquiries are encouraged.