Warehouse For Sale
2201 NW 17th Avenue, Miami, FL 33142
Miami (Allapattah) Live Local Act Land Sale — Multi-Family Eligible up to 29 FloorsCorner lot: ~117 feet along NW 17 Ave x ~371 feet along NW 22 StreetENTITLEMENTS: Live Local Act (LLA) + Allapattah CRA + Federal Opportunity Zone + Empowerment Zone + Enterprise ZoneINVESTMENT HIGHLIGHTS• Benchmark Height: ~1 mile from 29-story tower at 1500 NW N River Dr (precedent for LLA building height)• Scale Potential: ˜350 units by right; up to ˜480 units with Live Local Act density/height provisions• Transit Access: ~0.5 miles to Santa Clara Metrorail · Minutes to Jackson Memorial, Miami Int’l Airport, Port of Miami & Downtown• Employment Base: NW 20th St corridor — one of Miami’s largest industrial & commercial job hubs• Additional Upside: Potential easement along north boundary • Possible acquisition of adjacent City-owned parcel• Seller Leaseback: $1/month for up to 12 months (or less, at seller’s discretion)DEVELOPMENT POTENTIALEstimated Optimum Live Local Act Building Specs• 22 stories total · 420 units · 4 floors parking · 18 floors residentialApproximate Unit Breakdown:• Studio / 1 bath: 105 units · 500 SF · $2,020• 1BR / 1 bath: 168 units · 700 SF · $2,434• 2BR / 2 bath: 105 units · 950 SF · $2,650• 3BR / 2 bath: 42 units · 1,100 SF · $3,000Estimated Pro Forma Gross Income: ˜$1,025,262/month · ˜$12,303,144/yearDISCLAIMERAll figures/entitlements are estimates. Buyer is responsible for independent verification & due diligence.
| Property Type | Warehouse |
| Status | Active |
| Listing ID | A11923712 |
Nadereh (Nana) Rezaie, P.A. Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™
Nana Rezaie 561-660-1948
Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .
All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
The properties displayed are provided courtesy of Real Estate Brokers participating in the Realtors® Association of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. Multiple Listing Service Internet Data Exchange Program (IDX). The information provided on this site is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Every effort has been made to maintain the highest degree of accuracy of data represented on this site. Up to date information is achieved by replicating pertinent Multiple Listing Service data every hour, subject to point-to-point Internet access availability. No representation is made as to the accuracy of any information regarding listed properties for sale, rental, taxes or financing. All information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Please consult a professional for exact dimensions. In the event your property is listed on this site and you discover errors, please contact your listing broker to remedy the discrepancy. We are only capable of correcting our own listings. Our listing data concerning your individual property will self-correct once your listing broker has corrected the errors with of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. MLS service.
