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18831 NE 25th Ave - Aventura-Ojus Development Opportunity

1.35 Acres of Commercial Land Offered at £5,216,326 in Miami, FL 33180

Investment Highlights

  • Active development pocket w/ over 1,000 new units under construction
  • Dense zoning w/ bonuses available, 121 units and 12 stories by-right
  • Highly accessible to transit and shopping (less than 1 mile from Aventura Mall & Brightline Aventura Station
  • Adjacent to key cultural and religious institutions

Executive Summary

Introducing a rare opportunity to acquire an incredibly well-situated 1.35 acre land development site in the Ojus area. Ideally nestled between the highly sought-after Aventura and North Miami Beach neighborhoods, the site allows for 121 multi-family units by-right with use allowances including hotel, religious facility, and assisted living facility / other medical uses by exception.
Offering very convenient access to amenities and transportation, the site is just 2 blocks from Biscayne Blvd (US-1) and within a mile of both Aventura Mall, the new Brightline Aventura Station, major retailers and entertainment centers including Publix, Fresh Market, Starbucks, AMC, Turnberry Isle Country Club, and too many upscale restaurants to list.
Also in immediate proximity to various key cultural, religious and educational institutions including but not limited to the new Michael-Ann Russell Jewish Community Center (MARJCC), Scheck Hillel Community School, Regents Park at Aventura, and several other schools and parks. Currently, just within this pocket of the Ojus Urban Area District, there are over 1,000 new construction units already in process and more planned in the pipeline.

Property Facts

Price £5,216,326
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Hotel
  • Religious Facility
Total Lot Size 1.35 AC

1 Lot Available

Lot

Price £5,216,326
Price Per AC £3,851,501
Lot Size 1.35 AC
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2204-000-0450
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,684,680

zoning

Zoning Code UC-RM (Ojus Urban Area District -- UC-RM (Urban Center – Residential Modified District) 121 units (before bonuses), max. height: 12 stories)
UC-RM (Ojus Urban Area District -- UC-RM (Urban Center – Residential Modified District) 121 units (before bonuses), max. height: 12 stories)
  • Listing ID: 31404955

  • Date on Market: 03/04/2024

  • Last Updated:

  • Address: 18831 NE 25th Ave, Miami, FL 33180

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