4420 7Th Ave Miami, FL 33127
- Automotive properties
- 1,415 SF
- 0.40 lot acres
Current Use by Public Records
- New Magic Car Wash / Car Wash
Property Details for 4420 7Th Ave
- Year built
- 1958
- Construction
- CONCRETE
- Lot size
- 0.40 lot acres
- Property size
- 1,415 SF
- Zone code
- 6101
- Property type
- Automotive properties
- APN
- 01-3123-022-0380
- APU
- 131230220380
Description
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.
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
- -80.2081
- Latitude
- 25.8165
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
