- Overview
- Description
- Property Details
- Facts & Features
- Getting Around
- Nearby Homes
$3,900,000
Monthly Est:$19,412
-- Bed
-- Bath
34,000sqft lot
(Undisclosed), Miami, FL 33142
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$3,900,000
$19,412/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
34,000 sqft lot
$115/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 31, 2026 at 12:57 pm
- Listing Provided by: Agustin Duarte (305) 450-5992 DRE #3284824 | RE/MAX 360 Real Estate (305) 602-0360
- Source: Beaches MLS-FL | MLS#: A12049108
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
34,000 sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12049108
MLS Status
Active
Days on Market
119
Cumulative Days on Market
117
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Utilities
Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Collection, Water Available
Other Features
Subdivision Name
Melrose Heights 4th Sec
Lot Features
One To Two Acres, Two To Three Acres, City Lot
Price History
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: | Listed for Sale | $3,900,000 +111328.57% $0/sqft |
09/04/2018 Source: #A10505769 | Off Market | $3,500 $0/sqft |
07/17/2018 Source: #A10505769 | Sold | $3,500 $0/sqft |
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