700 48Th St Miami, FL 33127

Property Details for 700 48Th St

Lot size

0.23 lot acres

Zone code

6101

Property type

Commercial land

APN

01-3124-001-1950

APU

131240011950

Description

This exceptional 10,000-square-foot commercial lot, located at 700 NW 48th Street in Miami, Florida, 33127, presents a unique investment opportunity. Situated on NW 7th Ave, this fully paved lot boasts a strategic location within a bustling commercial district, offering excellent visibility and accessibility to major highways and public transportation. The property features a 250-amp electrical panel with perimeter wiring, ensuring ample power for various commercial ventures. A centrally located French drain enhances drainage, making it particularly suitable for businesses requiring efficient water management, such as car washes. An on-site container provides additional functionality, potentially serving as an office or secure storage space. The lot is zoned T5-O (Urban Center Zone), allowing for retail, auto-related, and mixed-use developments. Its size (100 ft x 100 ft) and existing infrastructure minimize initial setup costs and allow for a quick operational start-up. The property is ready for immediate occupancy, offering flexible lease terms and a monthly lease rate of $8000. This high-traffic area, surrounded by established businesses, guarantees strong customer flow, making it an ideal location for a variety of commercial uses, including car washes, auto dealerships, outdoor events, or equipment rental and storage facilities. The property's turnkey nature and prime location make it a compelling investment opportunity.