Miami, FL 33142

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$7,950,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of AFS Living

This unique property consists of 4, 538 SF of building space plus over 15, 500 SF of semi enclosed work areas dedicated to automotive repairs, situated on a gated 1.

Description

This unique property consists of 4,538 SF of building space plus over 15,500 SF of semi-enclosed work areas dedicated to automotive repairs, situated on a gated 1.38-acre lot zoned UC-MCS, allowing for a variety of uses including automotive, self-storage, multifamily up to 90 units per acre, or mixed-use development up to 10 stories. The property offers flexibility to continue as an automotive repair and export facility or redevelop into multifamily, commercial, or other urban uses. Perfect for a credit tenant - auto dealership (car/truck/boat), EV service center, self-storage facility, or mixed-use project. It is located near the MLK Metrorail station and the planned North Corridor transit line, making it an excellent candidate for transit-oriented development or commercial redevelopment. The property includes a large amount of automotive equipment. It is currently owner-occupied and can be delivered vacant. Situated on a high-visibility stretch of NW 27th Avenue in the Model City neighborhood, the property is adjacent to emerging developments such as the 41-unit multifamily project in Model City and benefits from spillover growth from nearby Allapattah and Wynwood. The area is seeing significant investment, including the Dulce Vida mixed-income housing (230 units), Anatomia high-rise (499 units), and Rubell family apartments (330 units), enhancing long-term growth and investment potential along this corridor.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.