Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing of 18801 W Dixie Hwy, a 52,148- square-foot (1.2-acre) of land located in Miami, FL, according to Ryan Nee, regional manager of the firm’s Miami office. The price is $7,975,000 million.
Alex D. Zylberglait, an investment specialist in Marcus & Millichap’s Miami office, has the exclusive listing to market the property on behalf of the seller, a private investor.
“This is a unique opportunity to control one of the last available development parcels in the Aventura area that is largely under supplied just steps from major employment, residential, and recreational centers. Also, this site is just steps away from the new Brightline rail station stop with direct access to Downtown Miami, Ft Lauderdale and Palm Beach.,” says Zylberglait
18801 W Dixie Hwy is located at 18801 W Dixie Hwy in Miami, FL. This development opportunity is zoned UC-MM (Mixed-Use Main Street) and located in the Ojus Urban Area District allowing for mixed-use, multifamily, retail, professional business offices, health care services and commercial parking garages. The zoning allows for density of 125 units per acre with a maximum height of 15 stories. The development site is located within a high traffic area just one block from Biscayne Boulevard, and Southwest of Aventura Mall.
About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.
