5200 7th Ave ,Office Space for Sale & Rent

5200 7th Ave for Sale & Rent

Price $598,000.00

• Lot size 4800
• Year Build 1920
• Waterfront
• Zip 33127
• Style
• Parking Description
• Pool Yes
• Status Active

Description

A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.

BOWLING GREEN PB 5-101 LOT 20 LESS E5FT ST BLK 2 LOT SIZE 48.000 X 100 OR 19181-1276 0600 4

A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.

City:Miami,Zoning:T5-O,List A O R:A-Miami Association of REALTORS,Latitude:25.823256,List Price:598000,Listing Id:A11305124,Longitude:-80.2082748,Mls Status:Active,Year Built:1920,Postal Code:33127,Street Name:7th Ave,Coordinates:1:25.823256,Photos Count:8,Days On Market:53,Lot Size Units:Square Feet,On Market Date:2022-10-28,Parcel Number:01-31-23-006-0250,Property Type:Commercial Sale,Street Number:5200,Public Remarks:A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.,Structure Type:1:Office,County Or Parish:Miami-Dade County,Expiration Date:2023-03-28,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2047,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:6829,Unparsed Address:5200 NW 7th Ave, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Total:1252,Building Area Units:Square Feet,Lot Size Square Feet:4800,Number Of Buildings:1,Original List Price:650000,Previous List Price:650000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:A completely remodeled 3 bed / 2 bath Single Family Residence with zoning that allows for up to 5 stories, fronting the high-traffic NW 7th Avenue corridor. This lot offers the future development opportunity to recognize up to 11 units for attainable mixed-income housing, with existing plans in the works. With the ability to net over $25,000 annually without additional improvements, this property is best seen as a covered land play for a developer looking to take advantage of the strong redevelopment incentives the zoning affords in the future while capitalizing on the in-place income for the shortterm as the neighborhood continues to grow and thrive.,Listing Contract Date:2022-10-28,Originating System I D:miamire,Public Survey Section:23,Street Number Numeric:5200,Tax Legal Description:BOWLING GREEN PB 5-101 LOT 20 LESS E5FT ST BLK 2 LOT SIZE 48.000 X 100 OR 19181-1276 0600 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2022-10-28,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Entire Listing Display Y N:1,