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7927 NW 7th Ave - 7927 NW 7th Ave- 8028 NW 6th Ct 0.93 Acres of Commercial Land Offered at $9,073,480 CAD in Miami, FL 33150
INVESTMENT HIGHLIGHTS
- May be developed into residential unit
- Access to major transportation thoroughfares.
- The property is also eligible to benefit from the Florida “Live Local”
EXECUTIVE SUMMARY
The proposed development scenario takes into consideration a parking podium on the 8028 NW 6th Ct folio,connecting to a residential tower on the northwest section of 7927 NW 7 th Avenue. The envisioned development would neighbor the existing Double Tree by Hilton Hotel, a highly successful hotel currently in operations since 2021. The property is also eligible to benefit from the Florida “Live Local” zoning legislature that allows developers with substantial incentives and benefits
to build housing.
to build housing.
PROPERTY FACTS
| Price | $9,073,480 CAD | Proposed Use | Commercial |
| Sale Type | Investment | Total Lot Size | 0.93 AC |
| No. Lots | 1 | No. Stories | 10 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | UC-MM | UC-MC - Hotel | ||
| Price | $9,073,480 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.93 AC |
| No. Stories | 10 |
| Opportunity Zone |
Yes |
| Zoning | UC-MM | UC-MC - Hotel |
1 LOT AVAILABLE
Lot
| Price | $9,073,480 CAD | Lot Size | 0.93 AC |
| Price Per AC | $9,759,032.78 CAD |
| Price | $9,073,480 CAD |
| Price Per AC | $9,759,032.78 CAD |
| Lot Size | 0.93 AC |
The site is approximately 1 acre and may be developed into approximately 173 residential units. Additionally, the zoning allows for multiple other commercial uses.
DESCRIPTION
Paired with the site’s incredible visibility on I-95 and NW 7th Avenue, this allows a developer to capitalize on the property’s exposure and immediate access to major transportation thoroughfares.
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PROPERTY TAXES
| Parcel Number | 30-3112-091-0010 | Improvements Assessment | $13,085,130 CAD |
| Land Assessment | $3,907,506 CAD | Total Assessment | $16,992,636 CAD |
PROPERTY TAXES
Parcel Number
30-3112-091-0010
Land Assessment
$3,907,506 CAD
Improvements Assessment
$13,085,130 CAD
Total Assessment
$16,992,636 CAD
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7927 NW 7th Ave - 7927 NW 7th Ave- 8028 NW 6th Ct
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