8975 NW 27TH AVE

8975 NW 27TH AVE

PRICE

$ 8,900,000

Description

Welcome to this exceptional mix-use development opportunity
situated directly on 27th Ave, consisting of three folios and
boasting an expansive expanse of 131,539 Sq Ft. This prime
property offers the perfect canvas for constructing up to 271 units,
making it an incredibly lucrative investment prospect.
The zoning regulations present exciting possibilities, including
potential additional bonuses, up zoning, and double density.
Envision the remarkable potential of a mixed-use development,
where vibrant retail spaces cater to the community’s needs on the
ground level, while up to eight stories of residential units rise
above.
Strategically positioned on a rapid transit corridor, this property
ensures outstanding connectivity and accessibility for future
residents. This property also holds a grandfathered dealership and
mechanic facility license, allowing for multiple streams of income
amounting to over $3M in gross sales.
Located on the Miami Area Rapid Transit North Corridor, this
property is part of a visionary $1.9B program aimed at creating a
seamless transit experience. The SMART Program leverages
existing infrastructure and integrates technology at the highest
levels, providing residents with multiple transportation options
and supporting future population and employment growth.
With versatile uses including self-service mini-warehouse
storage, automobile and truck services, open lot car and truck
sales, garage or mechanical service, truck storage, and automobile
washing, this property offers diverse opportunities for revenue
generation.

Details

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Gallery

BROKERS

Markos Bertolotti

mb@faustocommercial.com

3056322057