7618–24 NE 2 Avenue presents an infill development opportunity within Miami’s Little River submarket, an area benefiting from growth extending from the Upper East Side, Midtown, Wynwood, and the Design District. The property is located within a rapidly evolving infill market with active new construction and redevelopment in the immediate area, highlighting ongoing neighborhood transformation.
The site supports mid-rise residential development under existing zoning, offering density and flexibility while maintaining a clear entitlement framework. Its location near NE 2nd Avenue, Biscayne Boulevard, and I-95 provides convenient access to Downtown Miami, Miami Shores, Miami Beach and surrounding employment centers, supporting long-term residential demand.
Overall, the property offers a well-located, entitlement-supported opportunity for developers seeking exposure to one of Miami’s emerging urban growth markets.
7618 NE 2nd Ave, Miami, FL, 33138
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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