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442-490 NW South River Dr 25,956 SF Vacant Industrial Building Miami, FL 33128 $20,543,341 CAD ($791.47 CAD/SF)



EXECUTIVE SUMMARY
This exceptional property offers a prime land play in the rapidly growing Miami district. With the ability to build an 8-12 story mixed-use building, you can construct approximately 125 units by right. Currently generating $45,000/month in income, all tenants are on month-to-month lease agreements, providing flexibility for development.
This is an incredible opportunity for developers looking to capitalize on Miami's booming market. Don't miss out on the potential to transform this property into a major residential and commercial hub.
Contact us today to learn more!
This is an incredible opportunity for developers looking to capitalize on Miami's booming market. Don't miss out on the potential to transform this property into a major residential and commercial hub.
Contact us today to learn more!
PROPERTY FACTS
| Price | $20,543,341 CAD | Rentable Building Area | 25,956 SF |
| Price Per SF | $791.47 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1949 |
| Property Type | Industrial | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.69 AC | ||
| Zoning | R-3 - retail | ||
| Price | $20,543,341 CAD |
| Price Per SF | $791.47 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 25,956 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | R-3 - retail |
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 4,000-25,956 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,000-25,956 SF | Industrial | - | Now |
1st Floor
| Size |
| 4,000-25,956 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 01-4138-003-0020 | Improvements Assessment | $40,893 CAD |
| Land Assessment | $3,017,614 CAD | Total Assessment | $3,058,507 CAD |
PROPERTY TAXES
Parcel Number
01-4138-003-0020
Land Assessment
$3,017,614 CAD
Improvements Assessment
$40,893 CAD
Total Assessment
$3,058,507 CAD
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Riverside district development llc
442-490 NW South River Dr
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