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
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 Population26,644247,720518,889
Population Median Age383940
Population by Age0-9 Yrs2464 (9%)26998 (10%)56190 (10%)
10-19 Yrs1973 (7%)22068 (8%)47461 (9%)
20-29 Yrs4891 (18%)38944 (15%)74391 (14%)
30-39 Yrs5992 (22%)45792 (18%)87098 (16%)
40-49 Yrs4187 (15%)35622 (14%)75259 (14%)
50-59 Yrs3258 (12%)31222 (12%)69283 (13%)
60-69 Yrs2313 (8%)23162 (9%)51928 (10%)
70+ Yrs1566 (5%)23911 (9%)57280 (11%)
Median HH Income$54,425$35,664$38,650
Total Household Income< 24K2964 (24%)37368 (38%)71471 (35%)
25-49K2631 (22%)22823 (23%)47270 (23%)
50-74K1670 (14%)13320 (13%)28504 (14%)
75-99K1341 (11%)8143 (8%)17409 (8%)
100-199K2362 (19%)10743 (10%)23914 (11%)
200K+940 (7%)5513 (5%)12027 (5%)
Highest Education LevelNo Diploma30364436283493
Diploma or GED413750870107435
Some College29452320851547
Assoc. Degree13871114826659
Bachelors Degree52493148168026
Higher Degree36892158646165
Total Housing Units15,304121,290251,688
--Owner-Occupied2,72122,46561,784
--Renter-Occupied9,18775,445138,810
Owner-Occupied Values< 100K25827396411
100-199K261423011426
200-299K512448212951
300-399K55928009476
400-499K29020405762
500K+842617415759
Total Working Age Population22,938207,761433,681
In Work Force16,178129,347272,115
Not In Work Force6,76078,414161,567
Workforce Employed15,094119,792252,313
Workforce Unemployed1,0849,37519,567
Civlian Workforce16,178129,167271,879
Military Workforce0180235
Total Households11,90797,910200,594
Family Households4,78648,427105,687
Non-Family Households7,12149,48394,908
Married Couple2,84226,87561,485
Other Family1,94421,55244,202
Married w/Child1,00310,16822,553
Single Male w/Child1481,7873,727
Single Female w/Child7817,63015,317

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.

Listing Location & Directions
Listing Agent
Miguel A. Pinto Agent Photo

Miguel A. Pinto

Apex Capital Realty
More listings from Miguel A. Pinto
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