611 Northwest 27th Avenue

Miami, FL 33125

Listing ID: 187608
$1,650,000
For Sale
  • Lot Size Acres 0.770
  • Land Sq Ft 33,600
  • Land Price per Sq Ft $49.19
611 Northwest 27th Avenue - main image
611 Northwest 27th Avenue - alt image 2
Description

APEX Capital Realty is pleased to present a prime transit-oriented development opportunity in one of Miami’s urban Core Neighborhoods. 33,600 SF of vacant land located on the main thoroughfare of NW 27th Avenue with traffic of nearly 40,000 vehicles per day for an asking price of $49/SF. The site is only a quarter mile (about 2 blocks) away from a Metrorail station and sits on a SMART corridor, providing the developer added benefits including a 50% parking reduction, added density of 90 units/acre (69.3 units for this site), and extra height of up to 12 stories. To add to all of that…. the site is also within a qualified opportunity zone. The direct neighborhood contains a transit station, school, fire department, post office, and other County assets, making this site ideal for a market-rate multifamily project, workforce or affordable housing, or a transit-oriented, mixed-use retail development.

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 Population48,347328,211595,882
Population Median Age434141
Population by Age0-9 Yrs4435 (9%)32949 (10%)62184 (10%)
10-19 Yrs4077 (8%)30118 (9%)56545 (9%)
20-29 Yrs6035 (12%)44165 (13%)82692 (13%)
30-39 Yrs6817 (14%)51170 (15%)91013 (15%)
40-49 Yrs7983 (16%)48250 (14%)86604 (14%)
50-59 Yrs6577 (13%)44565 (13%)81275 (13%)
60-69 Yrs5085 (10%)34125 (10%)61864 (10%)
70+ Yrs7338 (15%)42869 (13%)73705 (12%)
Median HH Income$29,228$33,182$38,787
Total Household Income< 24K6947 (42%)47162 (39%)75712 (35%)
25-49K4773 (29%)31095 (25%)51982 (24%)
50-74K2376 (14%)16533 (13%)30788 (14%)
75-99K971 (5%)9210 (7%)18038 (8%)
100-199K1008 (6%)11351 (9%)26698 (12%)
200K+150 (0%)4377 (3%)12364 (5%)
Highest Education LevelNo Diploma113546187799132
Diploma or GED1380177529129359
Some College40703025957066
Assoc. Degree19711632731250
Bachelors Degree41083751273842
Higher Degree15782204349812
Total Housing Units17,273135,411251,518
--Owner-Occupied4,71933,32074,385
--Renter-Occupied11,50686,409141,196
Owner-Occupied Values< 100K43633776502
100-199K1439684513803
200-299K1664808617133
300-399K810572412699
400-499K27033056914
500K+101598317334
Total Working Age Population41,598277,040500,518
In Work Force23,888166,826305,393
Not In Work Force17,710110,214195,126
Workforce Employed22,618156,392284,346
Workforce Unemployed1,26610,33020,861
Civlian Workforce23,883166,722305,207
Military Workforce5104186
Total Households16,225119,729215,581
Family Households10,45669,246124,612
Non-Family Households5,76950,48390,969
Married Couple6,20540,65273,443
Other Family4,25128,59451,169
Married w/Child2,13515,20826,891
Single Male w/Child4482,6434,349
Single Female w/Child1,0089,25516,803

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

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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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