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Address Available Upon Request, Miami, FL 331421 / 6
For Sale

$3,900,000

Address Available Upon Request, Miami, FL 33142

0.77 ac

Acres

6100

Zoning

—

Sub Type

About This Property

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.

Property Details

MLS #:A12049108
Price:$3,900,000
Status:For Sale
Days on Market:51
Date Listed:Jul 6, 2026
Lot Size:34000 sqft
Lot Acres:0.77 acres
Property Type:Commercial Land

Virtual Tour:Available

Lot Features:City Location, 1-2.5 Acres
Lot Size:34000 sqft
Sewer:Other
Water Source:Municipal Water
Utilities:Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Removal, Water Available

Area/Region:Melrose Heights 4th Sec
Zoning:6100

Annual Tax Amount:$34,774
Tax Year:2025
Parcel Number:01-31-28-013-3450
Legal Description:MELROSE HGTS 4TH SEC PB 17-21 LOTS 3-4 & 5 BLK 60 LOT SIZE 150.000 X 135 OR 15912-2405 0493 1
REsource

REsource

Real Estate Source Company

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Listing courtesy of RE/MAX 360 Real Estate. Data last updated August 26, 2026 at 10:23 PM.