Near Shovel Ready Site for under $45,000/door | 7900 NW 21st St
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Near Shovel Ready Site for under $45,000/door 7900 NW 21st St Lot | Terrain residentiel | 0,09 ha | À vendre | 1 017 597 € | Miami, FL 33147
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Flexible Price of $45,000/door
- 100% Parking Waived
- Easy Access to Metro Rail, Bus, I-95
- Start building in 3 to 4 months, near Shovel Ready!
- Approved Stories: 5, & 4 units dedicated to Workforce Housing
- Near Hialeah Hospital and major retailers like Walmart, Walgreens, Fed Ex, multiple food markets. Near Amelia Earhart Park.
RÉSUMÉ ANALYTIQUE
This site is 3 to 4 months away from being SHOVEL READY! 79th St and 21 Ave is the correct Address. Fausto Commercial has been exclusively retained to present the opportunity to acquire Fraca Residences, a fully approved boutique development site located at 7900 NW 21st Avenue, Miami, FL. The property spans 9,450 SF (0.21 acres) and is situated on the corner of NW 79th Terrace and NW 21st Avenue, just one block north of NW 79th Street. This transit-oriented location offers seamless access to the Northside Metrorail Station, Northside Shopping Center, major highways, and several grocery stores.
The site comes with final site plan approval for a five-story, 26-unit apartment project, which also includes two ground-floor retail spaces. The project benefits from a 25% workforce housing density bonus and a 100% parking reduction, enhancing its development potential. Of the total units, four are designated as Workforce Housing Units (WHUs).
At the asking price, this site is available at just $45,000 per unit. By comparison, nearly shovel-ready sites in Little Havana and Wynwood are trading well above $80,000 per unit.
West Little River has not yet seen the sharp pricing spikes of its eastern neighbors—presenting a rare opportunity to acquire at a discount with strong upside potential. Meanwhile, to the west, areas like Hialeah are experiencing a development boom, including projects like the 661-unit Metro Parc North, signaling that major players are already investing nearby.
Don’t miss this window—values are climbing, but prices here remain below market.
Contact us today to discuss this opportunity and ask about construction financing options.
The site comes with final site plan approval for a five-story, 26-unit apartment project, which also includes two ground-floor retail spaces. The project benefits from a 25% workforce housing density bonus and a 100% parking reduction, enhancing its development potential. Of the total units, four are designated as Workforce Housing Units (WHUs).
At the asking price, this site is available at just $45,000 per unit. By comparison, nearly shovel-ready sites in Little Havana and Wynwood are trading well above $80,000 per unit.
West Little River has not yet seen the sharp pricing spikes of its eastern neighbors—presenting a rare opportunity to acquire at a discount with strong upside potential. Meanwhile, to the west, areas like Hialeah are experiencing a development boom, including projects like the 661-unit Metro Parc North, signaling that major players are already investing nearby.
Don’t miss this window—values are climbing, but prices here remain below market.
Contact us today to discuss this opportunity and ask about construction financing options.
DATA ROOM Cliquez ici pour accéder à
INFORMATIONS SUR L’IMMEUBLE
1 LOT DISPONIBLE
Lot
| Prix | 1 017 597 € | Surface du lot | 0,09 ha |
| Prix par ha | 11 590 821,52 € |
| Prix | 1 017 597 € |
| Prix par ha | 11 590 821,52 € |
| Surface du lot | 0,09 ha |
Vacant Lot near shovel ready for a 26 unit mix-use apartment building.
DESCRIPTION
Unit Mix: 16 (1 bed 1 bath) 506 sqft 2 (2 bed 1.5 bath) 774 sqft 7 (2 bed 2 bath) 1,082 sqft 1 (3 bed 2.5 bath) 1,423 sqft Retail Spaces are 840 & 539 sqft
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TAXES FONCIÈRES
| Numéro de parcelle | 30-3110-057-1822 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 325 976 € | Évaluation totale | 325 976 € |
TAXES FONCIÈRES
Numéro de parcelle
30-3110-057-1822
Évaluation du terrain
325 976 €
Évaluation des aménagements
0 €
Évaluation totale
325 976 €
CONTACTS
-
Robin Perez -
Mauricio Villasuso -
Carlos Fausto Miranda -
Fausto Commercial Realty Consultants
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Near Shovel Ready Site for under $45,000/door | 7900 NW 21st St
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