For Sale

1675, Northwest 2nd Street, Miami, United States

Miami-Dade County, FL 33125

$3,850,000

Highlights

  • 21,439 SF building
  • Asking $180/SF

Property facts

Price
$3,850,000
Price per SF
$180/SF
Property type
Land development
Building size
21,439 SF

About this property

The site includes two duplexes, one single-family home, and one vacant multi-unit building with approved renovation permits, providing immediate rental income while developers pursue redevelopment or entitlement strategies. Positioned within a T5-L zoning district, the property is eligible for development incentives under the Florida Live Local Act (SB102 / SB136), allowing for significantly increased density, reduced parking requirements, and streamlined approvals for workforce housing projects. This assemblage presents a rare opportunity to acquire multiple adjacent parcels in one of Miami’s fastest evolving urban neighborhoods, offering flexibility for mixed-use or residential development while benefiting from existing income during the planning phase. The property offers developers a covered land opportunity, allowing investors to generate income while advancing redevelopment plans.

From the listing broker.

Our estimate

Checking our estimate…

Location

Similar listings nearby

More in Miami-Dade County