About N/A
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.
Features of N/A
| MLS® # | A11833062 |
|---|---|
| Price | $3,900,000 |
| Bathrooms | 0.00 |
| Acres | 0.77 |
| Type | Land / Boat Docks |
| Status | Active |
Community Information
| Address | N/A |
|---|---|
| Area | 31 |
| Subdivision | MELROSE HEIGHTS 4TH SEC |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33142-5050 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available, Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | 13386x25267 |
|---|
Listing Details
| Office | RE/MAX 360 Real Estate |
|---|