2140 Northeast 2nd Avenue

Miami, FL 33137

Listing ID: 187630

$6,750,000

For Sale

Lot Size Acres 0.512
Building Sq Ft 7,643
Building Price per Sq Ft $883.16
Land Sq Ft 22,300
Land Price per Sq Ft $302.69

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Description

APEX Capital Realty is pleased to present the opportunity to acquire the Midas Site in Edgewater. The site is composed of 22,272 SF of land and has a newly constructed 7,643 SF automotive retail building that is currently owner occupied. This site is prime for redevelopment due to its strategic location in the most active area of Miami for development. The site sits in between the new Braman collection of dealerships, the National Young Arts Foundation headquarters, the upcoming Melo Group multifamily site and other major assemblages that will be redeveloped in the near future.
Property Summary
BUILDING SIZE 7,643 SF
YEAR BUILT 2019
LOT SIZE 22,272 SF
ZONING T6-12-O
GROSS DEVELOPMENT SF +/-252,432 / (+/-328,161 Incl Bonuses)
MAXIMUM DENSITY 76 residential Units / 152 Hotel Keys
MAX HEIGHT: 12 Stories (+8 Bonus Stories)
ASKING PRICE $6,750,000
Property Highlights
Located within the recently federally designated Opportunity Zone which may allow tax breaks with possible elimination of cap gains for investors
Located nearby the proposed Wynwood Brightline and Coastal Link stop on 27th St

Attachments & Files

apex-2140-2144-ne-2-ave-fl-om-v1-1-1-nyh-q7g.pdf

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 Population		26,644	247,720	518,889
Population Median Age		38	39	40
Population by Age	0-9 Yrs	2464 (9%)	26998 (10%)	56190 (10%)
	10-19 Yrs	1973 (7%)	22068 (8%)	47461 (9%)
	20-29 Yrs	4891 (18%)	38944 (15%)	74391 (14%)
	30-39 Yrs	5992 (22%)	45792 (18%)	87098 (16%)
	40-49 Yrs	4187 (15%)	35622 (14%)	75259 (14%)
	50-59 Yrs	3258 (12%)	31222 (12%)	69283 (13%)
	60-69 Yrs	2313 (8%)	23162 (9%)	51928 (10%)
	70+ Yrs	1566 (5%)	23911 (9%)	57280 (11%)

Median HH Income		$54,425	$35,664	$38,650
Total Household Income	< 24K	2964 (24%)	37368 (38%)	71471 (35%)
	25-49K	2631 (22%)	22823 (23%)	47270 (23%)
	50-74K	1670 (14%)	13320 (13%)	28504 (14%)
	75-99K	1341 (11%)	8143 (8%)	17409 (8%)
	100-199K	2362 (19%)	10743 (10%)	23914 (11%)
	200K+	940 (7%)	5513 (5%)	12027 (5%)

Highest Education Level	No Diploma	3036	44362	83493
	Diploma or GED	4137	50870	107435
	Some College	2945	23208	51547
	Assoc. Degree	1387	11148	26659
	Bachelors Degree	5249	31481	68026
	Higher Degree	3689	21586	46165

Total Housing Units		15,304	121,290	251,688
--Owner-Occupied		2,721	22,465	61,784
--Renter-Occupied		9,187	75,445	138,810
Owner-Occupied Values	< 100K	258	2739	6411
	100-199K	261	4230	11426
	200-299K	512	4482	12951
	300-399K	559	2800	9476
	400-499K	290	2040	5762
	500K+	842	6174	15759

Total Working Age Population		22,938	207,761	433,681
In Work Force		16,178	129,347	272,115
Not In Work Force		6,760	78,414	161,567
Workforce Employed		15,094	119,792	252,313
Workforce Unemployed		1,084	9,375	19,567
Civlian Workforce		16,178	129,167	271,879
Military Workforce		0	180	235

Total Households		11,907	97,910	200,594
Family Households		4,786	48,427	105,687
Non-Family Households		7,121	49,483	94,908
Married Couple		2,842	26,875	61,485
Other Family		1,944	21,552	44,202
Married w/Child		1,003	10,168	22,553
Single Male w/Child		148	1,787	3,727
Single Female w/Child		781	7,630	15,317

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Miami-Dade County	2,253,362	+11	2,496,435	+15	2,861,579	+11	3,190,242

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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.