7424 NE 2nd Ave
Miami, FL 33138
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Opportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
Listing courtesy of MLSM / STL Advisors, LLC
Last checked:
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Last updated Oct 22, 2024
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MLS# A11524035 —
The Property
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Parcel Number:01 31 12 030 0350
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Property Type:Land
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Zoning Description:7700
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# of Lots:2
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Lot Features:LessThanOneAcre
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Lot Size Area:25332.0
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Lot Size Acres:0.58
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Lot Size SqFt:25,332 Sqft
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Lot Size Dimensions:210x135
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Lot Size Units:SquareFeet
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Waterfront:false
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Road Frontage Type:MainThoroughfare
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Additional Parcels:01-3112-030-0370,
Listing Agent
- Contact info:
- Agent phone:
- (305) 972-7217
- Office phone:
- (561) 901-1402
Taxes
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Tax Year:2023
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Tax Annual Amount:$14,305
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Tax Legal Description:12 53 41 LITTLE RIVER EXT PB 9-138 LOTS 16 THRU 20 BLK 2 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 15688 SQ FT M/L
The Listing
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Virtual Tour Unbranded:
Utilities
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Utilities:ElectricityAvailable, NaturalGasAvailable, SewerAvailable, TrashCollection, WaterAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Little River Extension
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/24
Jan 30, 2024
|
Listed / Active | MLSM | $3,500,000 |