A11988223
Overview of Parcel 01-31-35-019-2230
1234 nw 9 ave presents a rare opportunity to acquire a 9,000 sf development site in the heart of miamis 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 miamis 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.
Please contact your ZFC agent for more information about MLS# AX-11988223 or any other land for sale in Miami or elsewhere in the Miami-Dade County area.
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The payment calculator figures for Parcel 01-31-35-019-2230 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this land for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $12,338 but will likely change when this land sells. These estimations are calculated from a list price of $2,000,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the land characteristics and location.
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MLS# AX-11988223 Listing History
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