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Multi-Family

13700 NW 22nd Ave

13700 NW 22nd Ave, Opa-locka, FL 33054

Listing Price: $1,950,000

Lot Size
2.10 acres
Price/Acre
$928,571
Land Type
Land
Buildable Square Feet
72,344

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sales 13700 NW 22nd Ave, a tremendous opportunity for investors to acquire a brand new multi-housing asset within a blossoming urban market, in the Opa-Locka submarket of Miami, Florida.
13700 NW 22 Ave is a 2.01+/- Acre development land with B-2 zoning. The site allows a multitude of uses such as townhomes, retail, and commercial. It has all required utilities to site to cut down development cost. Considering neighbor and development plan of government, multifamily just meets the needs of new residence and can lead to a successful investment. The multifamily projection has been approved by the county and is ready for authorization for a 4-story apartment building, 104 units, with 100% surface parking.
The site is well positioned north of NW 135th St on 22nd Ave, which stretches south through Little Havana and on to Coconut Grove, west to Opa-Locka Airport and east to North Miami Beach, the two roads provide not only convenience around town, but also excellent access to notable neighbors by connecting with major freeways, like The Gratigny Expressway (NW 119th Street) , Palmetto Expressway (SR-826), and I-95, all less than 3 miles from the subject. Opa-Locka is also the only one with the Florida East Coast railroad running through its downtown, with a downtown Tri-Rail Station.
As a developing city, Opa-Locka owns multiple opportunity zones and is currently experiencing an influx of investment of industry. Opening of 855,000 SF Amazon fulfillment center on the eastside of Miami-Opa-Locka Executive Airport has created over 1,000 permanent jobs. The Amazon center is approximately 1.5 miles from the subject property.

Investment Highlights

  • Investment Opportunity of Four-story Apartment Development That Is Fully Approved
  • Riverside Apartment with Ease of Access to Retailers and Major Employment Hubs
  • Surrounded by Opportunity Zones

Exclusively Listed By

Listing Price: $1,950,000

Lot Size
2.10 acres
Price/Acre
$928,571
Land Type
Land
Buildable Square Feet
72,344

Investment Highlights

  • Investment Opportunity of Four-story Apartment Development That Is Fully Approved
  • Riverside Apartment with Ease of Access to Retailers and Major Employment Hubs
  • Surrounded by Opportunity Zones

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sales 13700 NW 22nd Ave, a tremendous opportunity for investors to acquire a brand new multi-housing asset within a blossoming urban market, in the Opa-Locka submarket of Miami, Florida.
13700 NW 22 Ave is a 2.01+/- Acre development land with B-2 zoning. The site allows a multitude of uses such as townhomes, retail, and commercial. It has all required utilities to site to cut down development cost. Considering neighbor and development plan of government, multifamily just meets the needs of new residence and can lead to a successful investment. The multifamily projection has been approved by the county and is ready for authorization for a 4-story apartment building, 104 units, with 100% surface parking.
The site is well positioned north of NW 135th St on 22nd Ave, which stretches south through Little Havana and on to Coconut Grove, west to Opa-Locka Airport and east to North Miami Beach, the two roads provide not only convenience around town, but also excellent access to notable neighbors by connecting with major freeways, like The Gratigny Expressway (NW 119th Street) , Palmetto Expressway (SR-826), and I-95, all less than 3 miles from the subject. Opa-Locka is also the only one with the Florida East Coast railroad running through its downtown, with a downtown Tri-Rail Station.
As a developing city, Opa-Locka owns multiple opportunity zones and is currently experiencing an influx of investment of industry. Opening of 855,000 SF Amazon fulfillment center on the eastside of Miami-Opa-Locka Executive Airport has created over 1,000 permanent jobs. The Amazon center is approximately 1.5 miles from the subject property.

Exclusively Listed By

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