N/A, Miami, FL

$3,900,000

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0.77

Acres

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.

Residential Land/boat Docks property for sale in Miami, FL at N/A.

Features of N/A

MLS® # A11833062
Price $3,900,000
Bathrooms 0.00
Acres 0.77
Type Residential Land/boat Docks
Status Active

Community Information: Miami

Address N/A
Area 31
Subdivision MELROSE HEIGHTS 4TH SEC
City Miami
County Miami-Dade
State FL
Zip Code 33142-5050

Amenities of N/A

Utilities Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available, Other, Phone Available
Is Waterfront No
Has Pool No

Interior of N/A

Fireplace No

Exterior of N/A

Lot Description 13386x25267

Additional Information On N/A

Listing Courtesy of RE/MAX 360 Real Estate
Date Listed July 2nd, 2025

Listing Details

OfficeRE/MAX 360 Real Estate

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