Property Description

LIVE LOCAL DEVELOPMENT OPPORTUNITY99-YEAR GROUND LEASE | LAND NOT FOR SALE10822?10836 NW 7th Avenue, Miami, FL 33168±36,500 SF | ±0.84 Acres | UC-MC ZoningDEVELOPMENT LAND AVAILABLE FOR GROUND LEASE. Ownership is seeking a qualified developer for a 99-year ground lease of approximately ±36,500 SF of land along NW 7th Avenue.The opportunity is focused on a potential affordable/workforce housing development, with the possibility of utilizing the Florida Live Local Act for increased density and height, subject to qualification and approvals.KEY HIGHLIGHTS:¢ 99-year ground lease ? long-term land control without purchasing the land¢ ±36,500 SF / ±0.84-acre assemblage¢ UC-MC mixed-use zoning¢ Potential Live Local Act development benefits¢ Proposed standalone house of worship with banquet hall as part of the overall project¢ Ownership is open to qualified developer proposals regarding unit count, development program and lease termsIdeal for a multifamily, affordable housing or mixed-use developer seeking a long-term Miami development opportunity.GROUND LEASE ONLY ? LAND IS NOT FOR SALE.All zoning, density, height, uses, Live Local benefits and development potential are subject to verification, due diligence and governmental approvals.

Property Features