Home/Search/1234 NW 9th Ave, Miami FL 33136
1234 NW 9th Ave, Miami FL 331361 / 8
For Sale

$10,000,000

1234 NW 9th Ave, Miami FL 33136

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About This Property

This offering presents a rare opportunity to acquire a 5-parcel income-producing portfolio in Miami’s 33136 corridor, with both current cash flow and future redevelopment potential. The portfolio includes five parcels, with a known in-place rent roll of approximately $13,500 per month, and a pro forma projection of roughly $28,000 per month, highlighting meaningful upside through lease-up, repositioning, and redevelopment. The three-parcel assemblage totals approximately 24,000 square feet, or 0.55 acres, and is positioned for significant density potential, with an estimated 82 units as-of-right and a theoretical Live Local capacity of up to 550 units, subject to buyer verification. The zoning mix includes primarily T6-8-L, with one parcel identified as T6-8-O, creating flexibility for a buyer seeking a covered land play with income during the planning phase. Located within TOD and RTZ areas, this portfolio benefits from strong urban infill fundamentals in one of Miami’s most active growth corridors. For an investor or developer, this is not just a stabilized income opportunity, but a strategic assemblage with scale, location, and long-term redevelopment leverage.

Property Details

MLS #:A11991641
Price:$10,000,000
Original Price:$1,000,000
Status:For Sale
Days on Market:180
Date Listed:Jan 24, 2026
Lot Size:24000 sqft
Lot Acres:0.055 acres
Property Type:Commercial Land

Virtual Tour:Available

Lot Features:Central Business District, City Location, Corner Lot, 10 Or More Acres
Lot Size:24000 sqft
Sewer:Public Sanitation
Water Source:Municipal Water
Utilities:Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Area/Region:Highland Park
Zoning:6106

Annual Tax Amount:$196,652
Tax Year:2025
Listing Terms:All Cash, Conventional, Exchange
Parcel Number:01-31-35-019-2230
Legal Description:HIGHLAND PARK PB 2-13 LOTS 3 & 4 BLK 15 LOT SIZE 50.000 X 180 OR 16875-0524/0572 0895 1

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Estimated Monthly Payment

$75,286/mo

Principal & Interest$50,565
Property Tax$16,388
Insurance$8,333
Loan Amount$8,000,000
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Listing courtesy of Guillen. Data last updated July 23, 2026 at 05:56 PM.