102 2nd NW Ave 66 St

Highlights:

• Unmatched Industrial Absorption: Doral remains the tightest industrial submarket in Florida, maintaining a vacancy rate below 2.5% over the last 36 months, despite massive new deliveries.
• Residential Demand Surge: Following the "Live Local Act" (SB 102), Doral has seen a 30% increase in multifamily permits, as developers pivot to meet the needs of a workforce that grew by nearly 15,000 new residents since 2021.
• Corporate Relocation Hub: More than 50 Fortune 500 companies now have a presence in Doral, driving the demand for "Class A" office and flex-industrial spaces to all-time highs.
• Capital Appreciation: Land values in the Doral core have appreciated by an estimated 12-15% annually since 2023, making this $11M acquisition a high-yield equity play.
• Infrastructure Investment: The City of Doral has allocated over $100M in traffic and park improvements in the last two years, directly increasing the desirability of the Turnpike-Palmet

Description:

2 Lots of land, one next to the other, IC & GU zoning, with 650 feet of frontage, overlooks a lake to the south and west with a PLUS at the time of development of the lots, it can be zoned to CC where the percentage to be developed rises more than 200,000 sq ft, in 6 floors, at most, in the area of greatest development in South Florida the city of Doral. strategically located between Turpike and Palmetto express way, and its proximity to the airport, Dolphin Mall, International Mall and the large companies that make life in the city and its income level makes it spectacularly attractive.

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