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11575 Northwest 7th Avenue
Miami, FL 33168
Asking Price
$11.50M
Asset Type
Office
Class
Class B
What's Special
Prime Opportunity Zone Site with High-Density Residential Potential <ul><li>Centrally located <strong>54,090-square-foot</strong> property in an <strong>Opportunity Zone</strong></li><li>Current zoning supports a maximum density of <strong>110 residential units</strong></li><li>May qualify for the <strong>Live Local Act</strong>, potentially increasing density to <strong>220 or more residential units</strong></li><li>Visible from <strong>I-95</strong> and <strong>441</strong></li><li>Located minutes from <strong>Barry University</strong> and nearby schools<
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NOI
$80,000
Cap Rate
0.70%
DSCR
0.12
Underwater
Cash-on-Cash
-17.47%
Monthly Payment
$56,895.725
Annual Cash Flow
$-602,748.705
