1801 NE 4th Ave, Miami, FL 33132
The Porosoff Group of Compass Commercial is proud to present 1801 NE 4th Avenue. A 14,088 Sq. Ft. Lot with 18 Units. The property is zoned T6-36A-L under Miami-21 zoning which allows high-rise development in addition to short-term hospitality.
The subject property sits in the OMNI CRA which has a zoning underlay of 500 units per acre which translates to 161 units for this site. The surrounding already developed properties such as Opera Tower, 1800 Club, Quantum on the Bay and Bay Parc are close to 100% occupied.
The subject property is prime location for the development of a boutique condo building or for a hospitality option. With close proximity to Midtown, Wynwood and Design District making it a highly desirable area of Miami to live and vacation. The properties location will allow developer to achieve many units with water views offering a premium living experience in Miami.