Investment Overview

Marcus & Millichap is proud to present for sale 551 NW 72nd St, Miami, FL 33150, a premier opportunity for affordable housing development in the thriving Little River District. With a 1.39-acre lot and flexible zoning, this property offers developers the chance to address Miami-Dade’s critical housing shortage while capitalizing on a high-growth market. This site is ideally suited for multifamily affordable housing, with zoning that allows for high-density residential use. Located within a designated Opportunity Zone, developers can take advantage of significant tax incentives to maximize project feasibility. The property’s strategic position near major infrastructure improvements, including the planned Tri-Rail station, enhances connectivity and desirability for future residents. Little River is undergoing a major transformation, driven by a $3 billion revitalization effort that includes the Swerdlow Group’s 7,500-unit mixed-use project. Positioned across from this massive development, 551 NW 72nd St stands at the center of Miami’s next wave of urban growth. The district’s rising demand for workforce and affordable housing ensures strong long-term value and investment security. With Miami-Dade facing a shortage of over 90,000 affordable housing units, this property presents a rare opportunity to develop a high-impact project that meets urgent community needs. Whether for affordable, workforce, or mixed-income housing, 551 NW 72nd St offers an ideal foundation for a transformative development that will contribute to Miami’s evolving housing landscape. Feasibility Report Available Upon