7722 Nw 1st Ave, Miami, FL 33150

$2,300,000

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List Price
$2,300,000
MLS#
A12040651
Status
ACTIVE
Type
Commercial

Property Description

Little River redevelopment opportunity offered as part of a two-property assemblage with the adjacent 111 NW 77th Street. This ±7,557 SF lot is improved with a ±1,168 SF single-family residence and is zoned T5-R within a federally designated Opportunity Zone. Combined with the neighboring parcel, the ±20,776 SF assemblage supports up to 31 units by right at 65 units per acre within a five-story envelope, with additional density upside available through a TSND petition or rezoning. The in-place structure allows covered-land flexibility while a future development is designed, finalized, and permitted. Offered exclusively as part of a $2,300,000 assemblage and sold together with 111 NW 77th Street (Folio 01-3112-050-0010), not available separately. Steps from Wynwood, MiMo, the Design District, and the transformational $3B Little River District. Buyer to verify zoning, measurements, and development rights.

Additional Information

Days on Market
87
Tax Amount
$5,138
Parcel Number
01-31-12-050-0011
Lot Size
7,557
Address
7722 Nw 1st Ave, Miami
Development Name
Capital Sub Phoenix Pk
Development
Capital Sub Phoenix Pk
Section
12

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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: