Prime development opportunity in Miami’s urban core. This 9,000 sq ft lot features a two-structure 1920s triplex, currently generating $40k annually. The lot is Zoned T6-8-L, permits up to 33 residential units by right. Located within a Transit-Oriented Development (TOD) zone, this property benefits from reduced or eliminated parking requirements, significantly lowering construction costs and maximizing buildable space. Strategically situated near major employment centers like Jackson Memorial Hospital, the University of Miami, and the Miami-Dade County Courthouse, and within walking distance to multiple transit options, enhancing appeal for future residents. This property offers a unique blend of immediate income and significant redevelopment potential in a rapidly evolving area of Miami.
Property Details
Price:
$2,250,000
MLS #:
A11800814
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Income/MultiFamily
Subdivision:
HIGHLAND PARK
Neighborhood:
Highland Park
City:
Miami
Listed Date:
May 2, 2025
State:
FL
ZIP:
33136
Lot Size:
9,000 sqft / 0.20 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$13,453
Map
Community
- Address1234 NW 9th Ave Miami FL
- SubdivisionHIGHLAND PARK
- CityMiami
- CountyMiami-Dade County
- Zip Code33136
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1234 NW 9th Ave
Miami, FL
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