Overview

  • 0.17
  • Lot Square Feet

Description

We are proud to present a new covered land opportunity in the high-demand Edgewater market just off NE 2nd Avenue. Located within a Qualified Opportunity Zone and zoned T6-8-O, this property has a variety of allowable uses including Retail, Office, Hotel and Multi-Family. With the acquisition of just this lot, the by-right allowable density is 25 units and up to 8 stories before bonuses. There may also be the opportunity to assemble additional land to grow the footprint for a potential project.
There is an existing multi-family building on the site which contains 4 units with short-term tenants and the NOI from the in-place income can be used to cover the costs of holding the asset for a longer term play.

  • Address 26th St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33137
  • Area POMELO PARK

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The MLS data provided for the property above is provided courtesy of Blokhaus Real Estate + Investments Inc. Source: Southeast Florida MLS. Data updated 05/20/22. Juan M. Alvarez above is a licensed Real Estate Broker with Blokhaus Real Estate + Investments as a cooperating broker or cooperating agent, and Juan M. Alvarez may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Internet Data Exchange (IDX), a collaboration between the REALTOR® associations in the South Florida Multiple Listing Service (MLS) including The Miami Association of Realtors and the Realtor Association of Greater Ft. Lauderdale. All rights reserved. A property appearing on this website is not necessarily an exclusive listing of Blokhaus Real Estate + Investments, and may be listed with other brokers. An agent of Blokhaus Real Estate + Investments appearing on this website as the contact person for any property is not necessarily the listing agent, however, is acting at a transaction broker. The name of the listing broker appears with every property detail page, shown just after the map. When properties are presented as part of lists, generally the Blokhaus Real Estate + Investments listings for Miami Beach are highlighted in yellow. The information being provided is for consumers' personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Contact Juan M. Alvarez on Blokhaus Real Estate + Investments for more information. Juan is a licensed Real Estate Broker and president of Blokhaus Real Estate + Investments.