7722 NW 1st Avenue, Miami, FL 33150

$2,300,000

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List Price
$2,300,000
Status
ACTIVE
Days on Market
91
MLS#
A12040651
Subtype
Land
Lot Size
7,557
Acres
0.17
Subdivision
Capital Sub Phoenix Pk
MLS Area Major
2310

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

Taxes
$5,138
Middle School
Horace Mann
High School
Miami Edison

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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Agent: Benjamin Kunzle | Email: benkunzle@gmail.com