7424 NE 2nd Ave, Miami FL 33138,Miami,Miami-Dade County,Commercial Land
Commercial Land
Active
7424 NE 2nd Ave, Miami FL 33138,Miami,Miami-Dade County,Commercial Land
7424 NE 2nd Ave, Miami FL 33138
Overview
Description
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.
Address
Open on Google Maps- Address 2nd Ave
- City Miami
- State/county Miami-Dade County
- Zip/Postal Code 33138
- Area LITTLE RIVER EXTENSION
Details
Updated on June 24, 2024 at 5:21 pm- Property ID: A11524035
- Price: $3,500,000
- Land Area: 0.58 Square Feet
- Property Status: Commercial Land
Additional details
- StreetDirPrefix: NE
- PublicSurveyRange: 31
- ShowingInstructions: Call Listing Agent
- ListAgentKey: a7e097f14d043d54de696c9c3e00ea01
- TaxLegalDescription: 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
- OnMarketDate: 2024-01-30
- ListAgentEmail: [email protected]
- ContractStatusChangeDate: 2024-01-30
- MajorChangeTimestamp: 2024-01-30T19:41:16.203Z
- PhotosCount: 10
- AdditionalParcelsYN: 1
- SubAgencyCompensation: 0
- StatusChangeTimestamp: 2024-01-30T19:41:16.203Z
- BuildingName: LITTLE RIVER EXTENSION
- PriceChangeTimestamp: 2024-01-30T19:41:16.203Z
- ListingKeyNumeric: 391265799
- MajorChangeType: New
- ListingContractDate: 2024-01-30
- Zoning: 7700
- ListAOR: A-Miami Association of REALTORS
- MLSAreaMajor: Little River Extension
- TaxAnnualAmount: 14305
- ListOfficeName: STL Advisors, LLC
- CurrentUse: Unimproved Business/Commercial
- OriginatingSystemKey: miamire
- PhotosChangeTimestamp: 2024-01-30T20:23:06.291Z
- RoadFrontageType: Main Thoroughfare
- OriginatingSystemName: Miami Association of REALTORS®
- ListOfficePhone: 561-901-1402
- MlsStatus: Active
- StreetNumber: 7424
- GrossScheduledIncome: 0
- ListingKey: d8882ca3cd25f4a6f00640144eff14b9
- StateOrProvince: FL
- ShowingContactType: Agent
- FrontageLength: 210
- ListOfficeKey: c2a3a3f26a1d25064da01343ceaade3e
- BridgeModificationTimestamp: 2024-06-24T16:42:14.211Z
- ListAgentFullName: Alexandros Tsoulfas
- ListAgentOfficePhone: 561-901-1402
- ParcelNumber: 01-31-12-030-0350
- OtherExpense: 0
- IDXParticipationYN: 1
- InternetAddressDisplayYN: 1
- ListAgentMlsId: 3444839
- WaterSource: Municipal Water
- LotSizeDimensions: 210x135
- ModificationTimestamp: 2024-06-24T16:38:46.910Z
- OriginatingSystemID: miamire
- DaysOnMarket: 146
- TransactionBrokerCompensation: 1.5%
- BuyerAgencyCompensationType: %
- ListOfficeMlsId: STLA01
- ListAgentDirectPhone: 305-972-7217
- StreetNumberNumeric: 7424
- PostalCodePlus4: 5312
- Sewer: Public Sanitation
- SyndicationRemarks: 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.
- MIAMIRE_LPAmtSqFt: 138.1652
- ListAgentStateLicense: 3444839
- PublicSurveyTownship: 31
- ListingAgreement: Exclusive Agency
- PublicSurveySection: 12
- Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected,Electricity Available,Natural Gas Available,Sewer Available,Trash Removal,Water Available
- OriginalListPrice: 3500000
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- BuyerAgencyCompensation: 1.5%
- TaxYear: 2023
- OriginalEntryTimestamp: 2024-01-30T19:41:16.203Z
- SourceSystemKey: 391265799
- LotFeatures: Central Business District,City Location,Corner Location,Less Than 1 Acre
- PossibleUse: Central Urban,Urban Commercial
- LotSizeSquareFeet: 25332
- TransactionBrokerCompensationType: %
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