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Developers Dream Mixed-Use Property at 8900 Northwest 25th Ave

Developers Dream Mixed-Use Property at 8900 Northwest 25th Ave
FOR SALE
View more

$4,490,000

8900 Northwest 25th Avenue, Miami, FL 33147

40,250 SF

Square Feet

$112

PPSF

Property Description


                                                                        DEVELOPERS DREAM!! Offered at: $4,490,000.00


| 40,250 Sqft Lot | Price per Sqft: $111.55 | Price per door: $44,900.00 | UC EDGE - Mixed Use Corridor at 60 Units per acre, 8 Story max |

100 Buildable Units with 100 +/- Parking plus Commercial as of right | 

SB-102: 250 Units +/- Plus Commercial Price per door using SB-102: $18,000.00 +/-


This multifamily property presents a lucrative covered land play, generating a potential $15,000.00 a month in residential income as a multifamily while plans are submitted for approval. This asset is Zoned UC EDGE - Mixed Use Corridor it allow 60 Units per acre , 8 Story max. It benefits from close proximity to Miami Dade College. This project is centrally located within 15-20 minutes from Miami International Airport, Hialeah Hospital, Downtown Miami and Wynwood. This site is in high-demand growth corridor.

Don’t miss out this rare opportunity in the heart of Miami.
Project coming 2 blocks from 8900 NW 25th Ave : Between 87th & 83rd and 27th ave (5 Blocks of Development)

27th Ave Hollandpark Ecoresidences LLC plans to leverage Florida's Live Local Act to build a six-tower, 3,233-unit project in Miami’s West Little River, making it the largest residential development proposed under the new affordable housing law. The project, designed by Arquitectonica and dubbed Holland Park, will include two nine-level parking garages with 4,249 spaces, over 57,000 square feet of retail space, and a freestanding single-story amenities building.



Disclaimer:

All information provided in this listing is deemed reliable but is not guaranteed and should be independently verified. Buyers and investors are encouraged to conduct their own due diligence regarding zoning regulations, development potential, income projections, and any applicable government programs, including the SB-102 Live Local Act. The seller and listing agents make no representations or warranties, express or implied, regarding the accuracy or completeness of the information. Future development plans are subject to government approvals and market conditions.


Property Details

Asset Type

Mixed-use

Zoning

UC EDGE - Mixed Use Corridor at 60 Units per acre, 8 Story max

Lot Size

40,250 SF

Neighborhood

West Little River

Submarket

Miami

ZIP

33147

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$255,419

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$21,285

Annual Debt Service

$255,419

View on Map

Address

8900 Northwest 25th Avenue

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Contact the Listing Team

Mauricio Fernandez Piqueras

Mauricio Fernandez Piqueras

Founder & Principal Broker

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Mauricio Fernandez Piqueras

Mauricio Fernandez Piqueras

Founder & Principal Broker

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