USD 7,900,000

1622 NE 2nd Ave
Miami, Florida 33132

For Sale

Property Description

This Prestigious Building was recently Completely Renovated into Street Front Retail and Flex Office space on the Second floor. It is currently 100 percent leased to three tenants, providing the opportunity to acquire a Cash-Flowing building. The underlying land of the property is zoned T6-24A-O and it is in the OMNI density overlay, which provides future development potential. Site which is located in a Opportunity Zone, can be redeveloped into 144 residential units, 114,660 SF gross building and 48 stories with all available bonuses. Excellent opportunity for a developer to capitalize on the growing neighborhoods of Wynwood, Midtown and Edgewater.
Parking - 3 Spaces per 1,000 SF Leased.
For Showing Requests/ Questions Please Email

Listed by Beachfront Realty Inc

Property Details

ID #
A11175109
Status
Sale
Type
Commercial, Industrial
Zip Code
33132
Year Built
1927
Occupancy
Tenant Occupied
Type of Building
Warehouse Space
Utilities
Internet
Zoning Information
6402
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 1.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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