7521 NE 3RD COURT

Miami, FL 33138

LEASE

THE ALPHA COMMERCIAL ADVISORS® IS PROUD TO PRESENT AN 18-UNIT ATTAINABLE WORKFORCE HOUSING DEVELOPMENT OPPORTUNITY IN LITTLE RIVER….

Designed under the Workforce Housing Special Benefit Program, the project which is currently in late-stage plan review, utilizes increased density to accommodate 18 units on a site that would otherwise allow 9 units by right. The project also qualifies for zero parking by right due to its location within both an Opportunity Zone and a transit corridor, together with less than 10,000 SF of living area.

Cleared and ready for action, the property is positioned within a rapidly developing area of Little River, where continued residential and commercial investment is supporting the long-term growth of the neighborhood. With the design complete and the project already well advanced through plan review, the opportunity offers greater visibility into the remaining development process while preserving flexibility for a new owner to carry the project forward.

Neighborhood

Deal Type

Sale

Property Status

Available

Price

$ 775,000

Agent Contact Information

STEFFANIE JACOBSON
steff@thealphacomm.com
609-226-6390

JAMIE ROSE MANISCALCO
jamie@thealphacomm.com
201-264-0113

Lot Size: 6,250 SF (0.14 acres)
Lot Dimensions: 50′ X 125′
Zoning: T5-R
Approved Density: 18 units
Approved Height: 3 stories
Qualified Opportunity Zone:Yes
Approved Project:Yes

Jamie Rose Maniscalco

jamie@thealphacomm.com

201-264-0113

Miami, FL 33150
$ 2995000

Bldg Area: 4,041 SF
Land Area: 10,500 SF (0.24 acres)
Zoning: T6-8-O
Max. Density: 36 units
Max. Height: 8 stories

Miami, FL 33138
$ 675000

$200,000 (29.63%)

Land Area: 5,100 SF (0.12 acres)
Zoning: T5-R
Max. Density: 7 units
Max. Height: 5 stories
Price per Developable Unit: $70,714

West Palm Beach

Little River

Dania-Broward

LIBERTY CITY

OPA-LOCKA

Little Havana

Little River / West LITTLE RIVER

North Miami Beach/AVENTURA

North Miami

Buena Vista/Little Haiti

El Portal/Miami Shores