Allapattah Corner Covered Opportunity 2919 NW 8th Ave 4 Unit Apartment Building $1,923,007 CAD ($480,752 CAD/Unit) Miami, FL 33127

THE ALPHA COMMERCIAL ADVISORS® PRESENTS A CORNER INFILL OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH’S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR.
Offering total use optionality thanks to its highly sought-after D1 zoning, this asset sports an existing fourplex covered component providing near-term income while preserving long-term upside. The liberal D1 industrial/commercial underlying zoning allows for exceptional flexibility for uses like warehouse, storage, and automotive in addition to traditional retail/office, appealing to investors, users, and future redevelopment strategies alike.
Positioned just West of I-95 at the corner of the nearest full-block to Wynwood, the site benefits from strong visibility, stable traffic counts, and direct connectivity to major transportation routes & surrounding peripheral core neighborhoods. As demand for well-located and accessibly-sized industrial infill opportunities continues to intensify, this offering presents a compelling opportunity to secure a winning position, multi-exit asset in one of Miami’s most resilient submarkets.
INVESTMENT HIGHLIGHTS
Liberal Industrial Zoning: Underlying D1 industrial zoning supports a broad range of the most high-demand uses including warehousing, flex, office, outdoor storage, EV charging, automotive, and with potential Live Local residential optionality subject to approvals.
Multi-Exit Optionality: Opportunity Zone-located and Live Local Eligible, the site offers multiple paths to revenue generation whether by re-developing, adding value to existing structure, or land-banking for a long-term hold.
Covered Land Infill Advantage: Secure a key piece of the puzzle in an emerging market with existing improvements allowing for immediate income production and long-term redevelopment or repositioning flexibility.
Strategic Peripheral-Core Location: Situated at the nearest block west of the Wynwood and I-95 with direct access to major employment & transportation corridors in the Allapattah submarket, benefiting from sustained investor demand and continued infill momentum.
Assemblage Opportunity: Rare opportunity for majority control of critical city block with addt’l 0.90-acre assemblage available just east of subject site at 721-771 NW 29th Street.