7426 NW 2nd Avenue

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7426 NW 2nd Avenue

Miami, FL 33150
Asking Price
$4.70M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Miami, Florida.
  • Property occupies a total area of 0.56 acres.
  • Offered at an asking price of four million six hundred ninety-nine thousand.
  • Located at 7426 NW 2nd Avenue within the 33150 zip code.
  • Suitable for diverse commercial development or long-term investment projects.

What's Special

This commercial land for sale at 7426 NW 2nd Avenue represents a strategic acquisition for investors or developers seeking to establish a presence within the Miami market. Spanning 0.56 acres, the site provides a versatile foundation for projects ranging from retail development to professional service facilities. Miami remains a central hub for international trade and commerce, characterized by a diverse economic landscape and high density, making this location suitable for businesses looking to capitalize on proximity to major transportation arteries and urban connectivity. Positioned in a growing sector of the city, the parcel offers the necessary footprint to execute significant commercial construction. The asset allows for various build-to-suit configurations tailored to meet specific business operational requirements. Given the ongoing development throughout the region, this land presents a functional opportunity for those aiming to secure a foothold in a key neighborhood, ensuring long-term utility in one of Florida's most active and dynamic commercial real estate markets.

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NOI
$80,000
Cap Rate
1.70%
DSCR
0.29
Underwater
Cash-on-Cash
-14.12%
Monthly Payment
$23,253.031
Annual Cash Flow
$-199,036.368

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