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.
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33136
- Street:
- 1234 Nw 9th Ave, Miami, Florida 33136
- Longitude:
- W81° 47' 23.1''
- Latitude:
- N25° 47' 10.6''
- DOM:
- 65
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Conventional,1031 Exchange
- LotSize Dimensions:
- 120x200
- Parcel Number:
- 01-31-35-019-2230
- Subdivision Name:
- HIGHLAND PARK
- Tax Annual Amount:
- $196,652
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Land For Sale
1234 Nw 9th Ave, Miami, Florida 33136, Miami, Florida 33136
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $10,000,000
- Lot Area :
- 24,000 Sqft
- MLS # :
- A11991641
