6864 2nd Ave Miami, FL 33138

Property Details for 6864 2nd Ave

Year built

1926

Construction

CONCRETE

Lot size

0.11 lot acres

Property size

3,820 SF

Zone code

6101

Property type

Retail residential properties

APN

01-3113-009-0460

APU

131130090460

Description

This exceptional Class A retail property, located at 6864 NE 2nd Ave in Miami, Florida's vibrant Little Haiti/Little River neighborhood, presents a unique owner-user opportunity. The 3,820 square foot building, constructed and renovated in 2019, sits on a 4,725 square foot lot and boasts a fully built-out commercial kitchen on the ground floor. Two fully renovated apartment units occupy the second floor, offering additional income potential or flexible space for expansion. The property is zoned T5-0, allowing for up to five stories, 80% lot coverage, and 65 dwelling units per acre, presenting significant future development potential. Its prime location offers easy access to major highways (I-95 and I-195), and proximity to thriving areas like the Design District, Magic City Innovation District, Wynwood, Midtown, and Biscayne Corridor. The area is experiencing rapid growth, fueled by several large-scale multifamily projects currently underway nearby. This turnkey property is offered at $2,500,000, with a price per square foot of $654.45. The sale is offered as a Net Lease (NNN). This is an ideal investment for owner-users seeking a high-return property in a rapidly appreciating market.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Longitude

-80.1928

Latitude

25.8385

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments