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Address Withheld By Seller, Miami, FL 33142

Miami
Local realty services provided by:CENTURY 21 Move With Us
Address Withheld By Seller,Miami, FL 33142
$3,900,000
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  • 0.77 Acres
  • Lots / Land
  • Active
Listed by: agustin duarte
Office: re/max 360 real estate
MLS#:A12049108
Source:FL_RAMC

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Price summary

  • Price:$3,900,000

About this home

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.

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Home facts

  • Subdivision & Development:MELROSE HEIGHTS 4TH SEC
  • Listing ID #:A12049108
  • Added:52 day(s) ago
  • Updated:October 23, 2026 at 03:56 PM

Structure and exterior

  • Lot area:0.77 Acres

Utilities

  • Water:Public Water, Water Available, Water Connected
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$3,900,000
  • Tax amount:$34,774 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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