7722 NW 1st Ave
Miami, FL 33150
Little River Development Assemblage - 0.48-Ac · Terrain À vendre · 0,19 ha

0.48-acre (20,776 SF) development assemblage for sale in Miami's Little River - two contiguous T5-R parcels, by-right to 31 residential units, inside a federally designated Opportunity Zone.
Offered as a single sale at $2,300,000 (approximately $111 per land SF), the assemblage anchors the corner of NW 1st Avenue and NW 77th Street under common ownership. It suits residential and mixed-use developers seeking a build-ready infill corner with no assembly risk, as well as investors pursuing a covered-land hold-and-entitle strategy.
T5-R zoning supports up to 31 residential units by right at 65 units per acre within a permitted five-story envelope, of which the by-right program uses only a portion, leaving unbuilt capacity to weigh a density-increasing strategy. The corner is currently improved with two existing structures, allowing a buyer to control and potentially carry the site while a future project is designed, finalized, and permitted. Additional value routes include a Transit Station Neighborhood District (TSND) petition, a rezoning or land-use change to greater density, and a possible parking reduction by Exception given transit proximity.
The property sits on the Florida East Coast rail corridor within Miami-Dade County's Northeast SMART transit corridor, minutes from Wynwood, the Design District, and MiMo. It draws on the momentum of the adjacent $3 billion Little River District, which is set to deliver thousands of new residences, new retail, and a planned transit station. Priced below recent Little River development-site trades, the contiguous corner delivers a build-ready site in a single transaction with no holdout or assembly risk.