EDGEWATER 332 MICRO UNIT PROJECT

1801 NE 4th Avenue

Miami, FL 33132

332 Units Can Be Built
Status:
Available
Price:
$16,000,000
Units:
18
Year Built:
1974

INVESTMENT OVERVIEW

The Porosoff Group of Compass Commercial is proud to present 1801 NE 4th Avenue. A 14,088 sq. Ft. Lot with 18 Units. The property is zoned T6-36A-L under Miami-21 zoning, allowing high-rise development and short-term hospitality.

The subject property is zoned for 1000 units per acre due to the live local act, which translates to 332 units for this site.

The surrounding already developed properties such as Opera Tower, 1800 Club, Quantum on the Bay, and Bay Parc are close to 100% occupied.

The subject property is a prime location for the development of a boutique condo building or for a hospitality option. With close proximity to Midtown, Wynwood, and Design District makes it a highly desirable area of Miami to live and vacation. The properties location will allow developers to achieve many units with water views offering a premium living experience in Miami.

LISTED BY

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

JOSEPH PHELPS

CRE Mixed-Use Advisor
Tel: (978) 807-3245
Joe@porosoff.com

DAVID COHEN

CRE Multifamily Advisor
Tel: (954) 661-4908
David@porosoff.com

JAVIER UBEDA

CRE Multifamily Advisor
Tel: (305) 766-1864
Javier@porosoff.com

1801 NE 4th Avenue, Miami, FL

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