Property Description

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.

Features
Sewer
Address Map
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''
MLS Addon
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
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Land For Sale

1234 Nw 9th Ave, Miami, Florida 33136, Miami, Florida 33136

24,000 Sqft
$10,000,000
MLS # #A11991641
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$10,000,000
Lot Area :
24,000 Sqft
MLS # :
A11991641
Agent info
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