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Lots and Land: MLS #A11833062 Miami, FL $ 3,900,000
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$ 3,900,000 Get more info
Lots and Land: MLS #A11833062
$ 3,900,000
Back to search
Share Save

Lots and Land: MLS #A11833062

Miami, FL, 33142
$ 3,900,000
Baths0.0

Monthly Estimate*

$ 24,331

MLS #/Web ID: A11833062 - Image 1
MLS #/Web ID: A11833062 - Image 2
MLS #/Web ID: A11833062 - Image 3
MLS #/Web ID: A11833062 - Image 4
MLS #/Web ID: A11833062 - Image 5
MLS #/Web ID: A11833062 - Image 6
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Studio

Lots and Land for sale in Miami, FL

for $3,900,000. The lot size is 0.77.

The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.

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Lots and Land Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 34,774

Style

Lot Size

0.77

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11833062
Features
General
Sewer Other
Utilities Cable Available Electricity Available Other Phone Available Sewer Available Trash Collection Water Available
Possession Close Of Escrow
Tax Year 2024
Additional Parcels Description 01-31-28-013-3440
County Miami-Dade
Property Type Land
Subdivision Name MELROSE HEIGHTS 4TH SEC
Status Active
Directions The submarket extends north from the City of Miami Gardens to the Allapattah neighborhood to the south bordered by I-95 on the east. 34 000 square feet.
City Miami
Zoning Description 6100
MLS Area 31
Lot Size Units Square Feet
Lot Size Square Feet 34000
Tax Annual Amount 34774
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11833062
Standard Status Active
Legal Description MELROSE HGTS 4TH SEC PB 17-21 LOTS 3-4 & 5 BLK 60 LOT SIZE 150.000 X 135 OR 15912-2405 0493 1
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 34000
Lot Dimensions 13386x25267
Lot Size Acres 0.77
Waterfront Y/N false
Covered Spaces 0
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Re/Max 360 Real Estate

Broker

aduarte@magiccityinvestments.com

Email

Affordability Calculator

$27,229
Per Month
89%
11%
0%
Monthly Principal & Interest
$24,331
Monthly Property Taxes
$2,898
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$3,900,000 Listed Price

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