Fausto Commercial is proud to present Fraca Residences, a fully approved boutique development site at 7900 NW 21st Ave, Miami. The 9,450 SF corner lot has final site plan approval for a 5-story, 26-unit apartment project with 2 ground-floor retail spaces—including a 25% workforce housing bonus and 100% parking reduction.
Located just north of NW 79th St, the site offers easy access to Metrorail, I-95, and Northside Shopping Center. Four units are designated for Workforce Housing, boosting development incentives.
Comparable sites in Wynwood and Little Havana are trading above $80K/unit—this one is offered at just $45K/unit.
West Little River remains undervalued while nearby Hialeah is booming with major projects like Metro Parc North (661 units) underway.
Contact us now—prices are rising, but this one’s still below market. Construction financing available.
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