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10822-10836 NW 7th Avenue, Miami, FL 33168
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| Property Type: | Unimproved Land |
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LIVE LOCAL DEVELOPMENT OPPORTUNITY99-YEAR GROUND LEASE | AFFORDABLE & WORKFORCE HOUSING±36,500 SF LAND ASSEMBLAGE | ±0.84 ACRES | UC-MC ZONINGA unique opportunity to ground lease a ±36,500 SF assemblage along NW 7th Avenue in Miami-Dade County.Ownership is seeking a qualified developer to create a new affordable/workforce housing development, with the potential to utilize the Florida Live Local Act to pursue increased development density and height, subject to applicable requirements and approvals.KEY HIGHLIGHTS• 99-Year Ground LeaseLong-term land control in an active Miami-Dade development corridor.• ±36,500 SF AssemblageTwo contiguous parcels offering a strategic development footprint.• UC-MC ZoningMixed-use zoning supporting residential and commercial development.• Live Local Act OpportunityPotential pathway for enhanced density, height and streamlined approvals, subject to qualification.• Institutional ComponentDevelopment to include a new standalone house of worship with banquet hall as part of the overall project.• Flexible StructureOwnership is open to proposals regarding unit count, development program and ground lease terms.DEVELOPMENT POTENTIALPositioned within a corridor experiencing increasing multifamily and Live Local Act development activity, this offering presents an opportunity for a developer to secure long-term control of the land and create a meaningful affordable/workforce housing project. |
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