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DEVELOPMENT OPPORTUNITY FOR SALE OPPORTUNITY ZONE 5646-5650 NW 27TH AVE MIAMI | FLORIDA

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Page 1: MIAMI | FLORIDA FOR SALE€¦ · MIAMI INTERNATIONAL AIRPORT MIAMI BEACH +/- 15 MINS +/- 15 MINS DOWNTOWN MIAMI /BRICKELL WYNWOOD MIDTOWN DESIGN DISTRICT EDGEWATER VE VE The Design

DEVELOPMENTOPPORTUNITY

FOR SALE

O P P O R T U N I T Y Z O N E

5646-5650NW 27TH AVEMIAMI | FLORIDA

Page 2: MIAMI | FLORIDA FOR SALE€¦ · MIAMI INTERNATIONAL AIRPORT MIAMI BEACH +/- 15 MINS +/- 15 MINS DOWNTOWN MIAMI /BRICKELL WYNWOOD MIDTOWN DESIGN DISTRICT EDGEWATER VE VE The Design

Two adjacent folios in the 27th Avenue Transit corridor now available. For the first time, 5646 and 5650 NW 27th Avenue are being offered for sale in a package deal. This Westgate area assemblage is conveniently located near the Metrorail system and is newly zoned UC-MC, which allows for commercial and residential development on the total 11,595 sq. ft of vacant land. NW 27th Ave is certain to service an up-and-coming area of Miami as the Metrorail and other transit continues to expand in this opportunity zone. Accepting all offers!

This property is located within an Opportunity Zone.

Ideal uses include:• Apt. Buildings• Mixed Use• Creative Office/Lofts• Parking Lots• Other Commercial/Residential-oriented uses

• Two adjacent folios in a package deal• Across from Metrorail station• Excellent exposure on the busy NW 27th Ave• Minutes from Miami International Airport and

the beaches• Within minutes from Wynwood, Miami Design

District, Downtown Miami, and more

FOLIO #1 (5646 NW 27TH AVE)30-3116-009-6560

FOLIO #2 (5650 NW 27TH AVE)30-3116-009-6551

INVESTMENT HIGHLIGHTS

TOTAL LOT SIZE+/- 11,595 SF

SALE PRICE ZONING$425,000 UC-MC

PROPERTY OVERVIEW5646-5650 NW 27TH AVE

NW

27TH AVE

Page 3: MIAMI | FLORIDA FOR SALE€¦ · MIAMI INTERNATIONAL AIRPORT MIAMI BEACH +/- 15 MINS +/- 15 MINS DOWNTOWN MIAMI /BRICKELL WYNWOOD MIDTOWN DESIGN DISTRICT EDGEWATER VE VE The Design

OPPORTUNITY ZONE MAP

O P P O R T U N I T Y Z O N E

This property is located within an “Opportunity Zone” in the Miami-Dade County area, one of the 68 in this county, and joining another 427 zones in Florida. Created to facilitate economic development and devised to encourage growth of businesses in lower income areas.

Opportunity Zones provide new investment

opportunities for some of Miami’s economically

distressed areas, and this means more

consideration will be given to investing and

creating jobs in areas of Miami where they

are needed most.

The concept behind Opportunity Zones is

that the longer the investment is held, the

lighter the tax burden.

5646-5650 NW 27TH AVE

Page 4: MIAMI | FLORIDA FOR SALE€¦ · MIAMI INTERNATIONAL AIRPORT MIAMI BEACH +/- 15 MINS +/- 15 MINS DOWNTOWN MIAMI /BRICKELL WYNWOOD MIDTOWN DESIGN DISTRICT EDGEWATER VE VE The Design

SW

NE

I -195 EXPRESSWAY

MIAMIINTERNATIONAL

AIRPORTMIAMIBEACH

+/- 15 MINS+/- 15 MINS

DOWNTOWN MIAMI/BRICKELL

W Y N W O O DM I D T O W N

DESIGN DISTRICT

E D G E W AT E R

NE

2ND A

VE

N M

IAMI AVE

The Design District is a thriving

neighborhood in Miami that

continues to expand as a fashion

center and is now home to luxurious

brands such as Louis Vuitton,

Prada, Christian Louboutin,

Chanel, Givenchy, Valentino,

etc. It also houses the Miami

Institute Of Contemporary Arts

(ICA), as well as the artistic

Museum Garage.

The Wynwood Art District is an

emerging neighborhood with

a multitude of vacant industrial

buildings. In the last couple

of decades the local arts scene

has been dominated by local

street artists and muralists who

have repurposed old warehouse

buildings into lofts, restaurants,

galleries, and event spaces.

Midtown is a thriving residential

and retail community built

around the synergy mimicking

New York’s SOHO community

With the Design District focused

on securing luxury retailers, Midtown

has become a hub for big box

retailers, you’ll definitely want a

spot here.

Downtown Miami is Miami’s bustling epicenter, packed with gleaming skyscrapers, sweeping bay views, and hidden places to explore. It’s a neighborhood of layers—decades of history overlapping and colliding; tourism destinations like Port of Miami alongside local favorites like American Airlines Arena, home to the Miami Heat; century-old buildings among new pockets of young residents who call the neighborhood home.

DESIGN DISTRICT WYNWOOD MIDTOWN DOWNTOWN MIAMI

SURROUNDING AREAS5646-5650 NW 27TH AVE

Page 5: MIAMI | FLORIDA FOR SALE€¦ · MIAMI INTERNATIONAL AIRPORT MIAMI BEACH +/- 15 MINS +/- 15 MINS DOWNTOWN MIAMI /BRICKELL WYNWOOD MIDTOWN DESIGN DISTRICT EDGEWATER VE VE The Design

All information has been secured from the seller/lessor and the accuracy thereof is not warranted and therefore must be verified by the buyer/lessee prior to purchase/lease. All information is subject to errors, omissions, change, and withdrawal without notice. Any reference to age or square footage must be verified

and is not guaranteed. Buyer/lessee bears all risks.

www.chariff.com305-576-7474305-576-7494

@chariff@chariffrealty

5801 BISCAYNE BOULEVARDMIAMI, FLORIDA 33137

5646-5650 NW 27TH AVE

Lyle ChariffBroker/President [email protected]

Mauricio Zapata Broker/Principal

[email protected]