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Undisclosed Address

Miami, Florida, 33142, United States

Property ID: #14159013 // Land // Source Status: Active
    / 6
Traditional Sale
List Price:
USD $3,900,000
Icon - ft²
Icon 0.77 acres
Icon - beds
Icon - baths
City:
Miami
State:
Florida
Zip Code:
33142
County:
Miami-Dade
Neighborhood:
Melrose Heights 4th Sec
Country:
United States
Property Type:
Land
Additional Property Types:
Residential, Land, Other
Lot Size:
0.77 acres
Data Source:
SEF MLS (Miami Association of REALTORS®)
MLS/Reference Number(s):
A12049108
Source Status:
Active
Source Property Type:
Land, Other

Property Provided By

  • Agustin Duarte
  • RE/MAX 360 Real Estate
  • +1 (305) 450-5992

Property Information

The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.

Directions

The submarket extends north from the City of Miami Gardens to the Allapattah neighborhood to the south, bordered by I-95 on the east. 34,000 square feet.

Source Disclaimer

SEF MLS (Miami Association of REALTORS®)

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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 17:31:18. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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