8270 NE 1st Pl, Miami, FL 33138

• 3,271 sqft

Property Description

Covered land opportunity in the heart of Miami’s rapidly evolving Little River neighborhood. The property is zoned T5-O, allowing for a range of mixed-use residential and commercial development possibilities within Miami’s urban core. By-right, the zoning allows for a mixed-use or multifamily project of up to 19 units and 5 stories before bonuses with office and retail components optional, and the site located within an Opportunity Zone and with Live Local Eligibility which would allow for up to 292 units and 8-12 stories. Situated right on the cusp of the T6-8-O district, there could also be an up-zoning play based on recent precedent and direct proximity to the boundary. The site is currently improved with a fully renovated five-unit compound (four multifamily units and one single-family residence) providing the potential for interim income while development plans are pursued. The majority of the property is currently being rented as short-term rentals and thrives in an AirBnB model but would be just a suitable for traditional month-to-month or annual rentals, as well as rented on a master lease to a commercial use such as a school, artist campus, health and wellness facility, etc.

Listing Status:

Active

Date Added:

November 20, 2025

Data Last Updated:

April 5, 2026 at 7:07AM

Listing Office:

The Alpha Commercial Advisors LLC : 305-697-7011

Listing Agent:

Elizabeth Coloma : 860-605-6603

MLS ID:

A11917999

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 610112 53 41 ROYAL PALM GARDENS PB 7-71 S110FT LOTS 12 & 13 LESS E15FT BLK 5 LOT SIZE 9350 SQUARE FEET OR 10966-1394 1280 6 COC 25969-1003 09 2001-31-12-008-0410

Financial

• Source: Miami Association of REALTORS®