This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
$3,900,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Property Description
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.
Full Property Details
Full Property Details for MLS# A11833062
General
- Price: $3,900,000
- Taxes: $34,774 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11833062
- Updated: 7/24/2025
- Added to Site: 276 day(s) ago
Location
- Area: Melrose Heights 4th Sec
- County: Miami-Dade County
- Subdivision: MELROSE HEIGHTS 4TH SEC
- Building Name: MELROSE HEIGHTS 4TH SEC
- Driving 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.
Community
- Community Name: Melrose Heights 4th Sec
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 34,000
- Lot Dimensions: 13386 x 25267
- Frontage Feet: 13386
- Lot Features: City Location, 1-2.5 Acres
- Potential Use: Industrial
- Zoning: 6100
Financial Considerations
- Tax Amount: $34,774
- Tax Year: 2024
Disclosures and Reports
- 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
- Property ID: 01-31-28-013-3450
Listed by RE/MAX 360 Real Estate
Get Pre-Approved Today
Price & Sales History for MLS# A11833062
Date
Details
Price
Change
Source
7/02/2025
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# A11833062
MLS# A11833062, Miami, FL 33142 (MLS# A11833062) is a Commercial Land property with a lot size of 0.77 acres. MLS# A11833062 is currently listed for $3,900,000 and was received on July 02, 2025. Want to learn more about MLS# A11833062? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

