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$2,300,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Capital Sub Phoenix Pk
MLS Listing ID A12040649
HOA Y/N No
Annual Tax Amount $8,144
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 118x80
Property Description
Rare T5-R redevelopment parcel in fast-moving Little River, offered as part of a two-property assemblage with the adjacent 7722 NW 1st Avenue. This ±13,219 SF lot is currently improved with a ±1,360 SF commercial building operating as a daycare and sits within a federally designated Opportunity Zone. T5-R zoning at 65 units per acre supports multifamily redevelopment, and combined with the neighboring parcel the ±20,776 SF assemblage allows up to 31 units by right within a five-story envelope, with further density upside available through a TSND petition or rezoning. The existing structure offers covered-land flexibility while a future project is designed, finalized, and permitted. Offered exclusively as part of a $2,300,000 assemblage and sold together with 7722 NW 1st Avenue (Folio 01-3112-050-0011), not available separately. Minutes to Wynwood, MiMo, and the $3B Little River District. Buyer to verify zoning, dimensions, and development potential.
Location
State FL
County Miami-dade
Community Capital Sub Phoenix Pk
Area 31
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Present Use Commercial,Other,Unimproved
Private Pool Yes
Building
Lot Description <1 Acre, Oversized Lot
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-12-050-0010
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040649
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Listed by Fausto Commercial Realty Consultants Inc
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