

USD 2,250,000
148 NE 26th St
Miami, Florida 33137
Property 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.
Listed by APEX Capital Realty LLC
Property Details
- ID #
- A11137047
- Status
- Sale
- Type
- Commercial, Land
- Zip Code
- 33137
- Lot Area
- 7,405ft2
- Water Source
- City/mains water
- Septic
- City sewer
- Fuel Type
- Electric
- Location
- City Location
- Lot
- Less Than 1 Acre
- Road Type
- City/County Maintained
- Utilities
- Internet
- Zoning Information
- T6-8-O
Jamie Maniscalco
561 NE 79 ST #420
Miami, Florida
Mobile: +1 201-264-0113