113 Northeast 25th Street

Miami, FL 33137

113-123 NE 25th St Miami

Listing ID: 187607
$7,400,000
For Sale
  • Lot Size Acres 0.645
  • Land Sq Ft 28,100
  • Land Price per Sq Ft $263.35
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Description

APEX Capital Realty is pleased to present a 28,100 land square feet zoned for a mid-rise development within an opportunity zone in the urban core of Miami. Located in the Western portion of Edgewater between NE 2nd Avenue and the train-tracks, the offering contains 2 contiguous parcels which feature a shovel-ready project.

In addition to offering a shovel-ready project, this site also boasts a fully built-out office (or easily converted residential) building with 1,438 leasable Square Footage which the buyer can lease out to a tenant or utilize as a sale center/development office before the project breaks ground. The building includes renovated kitchen and 2 full bathrooms, 2+ private offices, conference room, living room/reception area, and ample on-site parking.

Zoned T6-8-O, you can build up to 8 stories (or up to 12 stories with bonuses for public benefit), and 140,500 buildable Square Feet (without bonuses) of Multi-family, Retail, Office, Hotel, or other residential/commercial uses. The density of 150 units/acre allows for up to 97.5 units on this site, or double the density for hotel which equates to 195 keys.

Shovel-ready project info:

25 Edgewater Residences is a 12-story boutique building featuring 93 units ranging from studios to one, two, and three bedroom residences from 690 SF to 1570 SF. Fourth-floor units will have very spacious terraces of approximately 970 SF. The project will also feature assigned parking spaces, and a wide variety of amenities located throughout three of the building’s floors

PROPERTY HIGHLIGHTS:

Located within a Qualified Opportunity Zone in the evolving Edgewater neighborhood of Miami

Amenity-rich shovel-ready project, 25 Edgewater, available for the site that features 12-stories and 93 units

Site also boasts a fully built-out, updated office (or easily converted residential) building with 1,438 leasable Square Footage which the buyer can lease out to a tenant or utilize as a sales center/development office before the project breaks ground

Located right across the train tracks from Wynwood and directly next door to holistic retail / community space, The Sacred Space/Plant Miami

Within minutes of Downtown, Midtown, & steps from the NE 2nd Ave retail corridor

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population28,859251,147527,969
Population Median Age373940
Population by Age0-9 Yrs2793 (9%)28025 (11%)57362 (10%)
10-19 Yrs2349 (8%)23074 (9%)48613 (9%)
20-29 Yrs5102 (17%)39619 (15%)75621 (14%)
30-39 Yrs6280 (21%)45922 (18%)88129 (16%)
40-49 Yrs4585 (15%)35713 (14%)76557 (14%)
50-59 Yrs3458 (11%)31714 (12%)70549 (13%)
60-69 Yrs2545 (8%)23260 (9%)52939 (10%)
70+ Yrs1746 (6%)23818 (9%)58199 (11%)
Median HH Income$51,344$34,340$38,647
Total Household Income< 24K3057 (25%)38695 (39%)72205 (35%)
25-49K2885 (23%)23108 (23%)47876 (23%)
50-74K1761 (14%)13365 (13%)29006 (14%)
75-99K1315 (10%)7844 (7%)17571 (8%)
100-199K2331 (19%)10248 (10%)24108 (11%)
200K+762 (6%)5027 (5%)12107 (5%)
Highest Education LevelNo Diploma35624554085129
Diploma or GED481552200109725
Some College30942361152564
Assoc. Degree14451133027173
Bachelors Degree53053057168475
Higher Degree36342016346267
Total Housing Units15,301120,922254,055
--Owner-Occupied2,76821,83263,358
--Renter-Occupied9,34276,455139,516
Owner-Occupied Values< 100K28129156656
100-199K327445511977
200-299K551443513349
300-399K59626519613
400-499K28318485859
500K+730552815905
Total Working Age Population24,557209,579440,967
In Work Force17,128129,401276,320
Not In Work Force7,42980,178164,647
Workforce Employed15,877119,267256,136
Workforce Unemployed1,2509,96319,949
Civlian Workforce17,128129,230276,085
Military Workforce0171235
Total Households12,11198,287202,873
Family Households5,29149,055107,484
Non-Family Households6,81949,23295,390
Married Couple3,00326,42262,530
Other Family2,28822,63344,954
Married w/Child1,15310,02723,018
Single Male w/Child1831,7543,853
Single Female w/Child9198,25315,483

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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