Address not disclosed, Miami, FL 33136
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 2,000,000
Est. payment /mo
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Active

Address not disclosed Miami, FL 33136

9,016 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Highland Park

MLS Listing ID A11988223

HOA Y/N No

Annual Tax Amount $12,338

Tax Year 2025

Lot Size 9,016 Sqft

Acres 0.207

Lot Dimensions 50x180

Property Description

1234 NW 9 Ave presents a rare opportunity to acquire a 9,000 SF development site in the heart of Miami's urban core, zoned T-6-8-L under Miami 21. The property currently features an existing triplex operated as a rooming configuration, generating approximately $8,000 per month in income, providing immediate cash flow while redevelopment plans are pursued.

The T-6-8-L zoning allows for high-density, mixed-use development, making this an ideal acquisition for investors and developers seeking to capitalize on Miami's continued growth and demand for workforce and attainable housing. The lot size and zoning provide strong upside potential for multifamily, co-living, or vertical development concepts, subject to city approvals.

This property is part of a larger portfolio offering. Notably, three adjacent parcels 914 NW 12 St, 1180 NW 11 Street Rd, and 1158 NW 11 Street Rd total approximately 24,000 SF and can be sold together as a separate assemblage, offering flexibility for buyers seeking a standalone development site. The remaining parcels include 741 NW 10 St (zoned T-6-8-O) and the subject property at 1234 NW 9 Ave.

The full portfolio is offered at $10,000,000, presenting a unique opportunity to control scale in a rapidly evolving neighborhood near major transit, employment centers, and ongoing redevelopment. Ideal for investors seeking both in-place income and long-term development upside.

Location

State FL

County Miami-dade

Community Highland Park

Area 31

Exterior

Utilities Available Cable Available, Electricity Available, None, Phone Available, Sewer Available, Trash Collection, Water Available

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Other

Water Other

Others

Tax ID 01-31-35-019-2230

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Guillen
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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