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Active Commercial Land
$10,000,000 ↑ +$9,000,000 (900%)
1234 NW 9th Ave, Miami FL 33136, Miami, FL 33136
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
Year Built

About This Property

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.

Property Details

Property Type Commercial Land
Days on Market 139 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community HIGHLAND PARK
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Paul L. Dunbar K-8 Center
Elementary 305-573-2344
PK-8
505 NW 20 St., Miami, FL 33127
Citrus Grove Middle
Middle 305-642-5055
6-8
2153 NW 3 St., Miami, FL 33125
Washington, Booker T. Senior High
High School 305-324-8900
9-12
1200 NW 6th Ave., Miami, FL 33136

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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