Commercial Land
611 Northwest 27th Avenue Miami, FL 33125
Details & Description
Price: $1,650,000
    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.
    Listing Agents
    Jamie Maniscalco

    M: 201-264-0113
    jamie@apexcapitalrealty.com
    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.

    611 Northwest 27th Avenue

    Miami, FL 33125

    Listing ID: 187608
    • 611 Northwest 27th Avenue Miami, FL 33125 | for Sale | Photo 1
    • 611 Northwest 27th Avenue Miami, FL 33125 | for Sale | Photo 2
    611 Northwest 27th Avenue | for Sale | Thumbnail 1
    611 Northwest 27th Avenue | for Sale | Thumbnail 2
    Building Size: --
    Lot Size: 0.770 AC
    Land Size: 33,600 SF
    Building $/SF:
    Land $/SF: $49.19
    Price
    $1,650,000
    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.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Commercial Land for Sale

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    Miami Area Market Trends

    Listing Demographics for 611 Northwest 27th Avenue Miami, FL 33125

    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

    Total Working Age Population:

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    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.

    Common Questions and Answers

    What is the asking price for 611 Northwest 27th Avenue in Miami?
    The asking price for 611 Northwest 27th Avenue is $1,650,000
    How much land does the Miami, FL property at 611 Northwest 27th Avenue include?
    611 Northwest 27th Avenue in Miami includes 0.770 acres of land
    What kind of Land is the propery at 611 Northwest 27th Avenue?
    The property at 611 Northwest 27th Avenue Miami, FL 33125 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 611 Northwest 27th Avenue in Miami?
    The population within 1 mile of 611 Northwest 27th Avenue Miami, FL 33125 is 48,347 people.
    Who do I contact for questions about 611 Northwest 27th Avenue?
    You should contact the listing agent, Jamie Maniscalco, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 3
    Fort Lauderdale Hollywood International Airport (FLL) 21
    Palm Beach International Airport (PBI) 63