$3,900,000

Address unavailable.

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.77acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
July 6, 2026
Data Last Updated:
August 6, 2026 at 2:18AM
Listing Office:
RE/MAX 360 Real Estate : 305-602-0360
Listing Agent:
Agustin Duarte : 305-450-5992
MLS ID:
A12049108
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: 6100MELROSE HGTS 4TH SEC PB 17-21 LOTS 3-4 & 5 BLK 60 LOT SIZE 150.000 X 135 OR 15912-2405 0493 10131280133450
  • Current Use: Unimproved
  • Utilities: Cable AvailableElectricity AvailableOtherPhone AvailableSewer AvailableTrash CollectionWater Available
  • Water: Public
  • Source: BEACH_MIAMI

This listing courtesy of Agustin Duarte , RE/MAX 360 Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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