10822-10836 Nw 7th Ave, Miami, FL 33168

Property Description

LIVE LOCAL DEVELOPMENT OPPORTUNITY 99-YEAR GROUND LEASE | AFFORDABLE & WORKFORCE HOUSING ±36,500 SF LAND ASSEMBLAGE | ±0.84 ACRES | UC-MC ZONING A unique opportunity to ground lease a ±36,500 SF assemblage along NW 7th Avenue in Miami-Dade County. Ownership is seeking a qualified developer to create a new affordable/workforce housing development, with the potential to utilize the Florida Live Local Act to pursue increased development density and height, subject to applicable requirements and approvals. KEY HIGHLIGHTS • 99-Year Ground Lease Long-term land control in an active Miami-Dade development corridor. • ±36,500 SF Assemblage Two contiguous parcels offering a strategic development footprint. • UC-MC Zoning Mixed-use zoning supporting residential and commercial development. • Live Local Act Opportunity Potential pathway for enhanced density, height and streamlined approvals, subject to qualification. • Institutional Component Development to include a new standalone house of worship with banquet hall as part of the overall project. • Flexible Structure Ownership is open to proposals regarding unit count, development program and ground lease terms. DEVELOPMENT POTENTIAL Positioned within a corridor experiencing increasing multifamily and Live Local Act development activity, this offering presents an opportunity for a developer to secure long-term control of the land and create a meaningful affordable/workforce housing project.