1234 NW 9th Ave, Miami, FL 33136
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1234 NW 9th Ave, Miami, FL 33136
1234 NW 9th Ave, Miami, FL 33136
1234 NW 9th Ave, Miami, FL 33136
1234 NW 9th Ave, Miami, FL 33136
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 10,000,000
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1234 NW 9th Ave Miami, FL 33136

2,395 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Highland Park

MLS Listing ID A11991641

HOA Y/N No

Annual Tax Amount $196,652

Tax Year 2025

Lot Size 2,395 Sqft

Acres 0.055

Lot Dimensions 120x200

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.

Location

State FL

County Miami-dade

Community Highland Park

Area 31

Exterior

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Present Use Other

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 01-31-35-019-2230

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11991641

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Guillen

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1234 NW 9th Ave

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