No photos available
Offered at
$3,900,000
, Miami, FL 33142
- 0
- Beds
- 0
- Full Baths
- 0.77
- Acres
Listing courtesy of Agustin Duarte, RE/MAX 360 Real Estate
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.
Overview
At a glance
- Property Type
- Land & Docks
- Property Sub-Type
- Unimproved Land
- Address
- , Miami, FL 33142
- Zoning
- 6100
- MLS ID
- A11833062
- Listing Date
- 2025-07-02
- Last Updated
- 4/9/2026, 7:26:35 AM
- Days on Market
- 346
- Subdivision
- MELROSE HEIGHTS 4TH SEC
Features & Amenities
The Details
Exterior
- Water Source
- Public
- Utilities
- Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available, Trash Removal
Details
- Lot Size (Acres)
- 0.77 acres
- Subdivision
- MELROSE HEIGHTS 4TH SEC
- Zoning
- 6100
Financial
- List Price
- $3,900,000
- Original List Price
- $3,900,000
- Annual Tax
- $34,774/yr
- Tax Year
- 2024
Inquire
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.