2616 Nw 23rd Ave, Miami, FL 33142

$1,250,000
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List Price
$1,250,000
MLS#
A11959678
Status
ACTIVE
Type
Commercial
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(305) 775-2514

Property Description

Attention investors and developers! Prime land assembly: two contiguous lots totaling 11,040 SF (0.25 acres) in Allapattah's high-growth NW 27th Avenue corridor—portfolio includes adjacent parcel (separate folio) A 11956823. T4-R zoning, immediately west of Wynwood where land values are surging. Existing 5-unit building generates positive cash flow while you secure permits and plan your development—earn income during the approval process. Federally designated Opportunity Zone with superior access to SR-836, I-95, Wynwood, Health District, and Downtown Miami. Rare quarter-acre development site with built-in rental income in Miami's fastest-appreciating submarket where institutional capital is aggressively acquiring land.

(305) 775-2514
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Additional Information

Days on Market
283
Tax Amount
$2,698
Parcel Number
01-31-27-026-0380
Lot Size
5,520
Address
2616 Nw 23rd Ave, Miami
Development Name
Westhaven
Development
Westhaven
Section
27
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Listing Courtesy of Julies Realty, LLC, Contact: