Land in Miami, FL 33161

Own in Miami?

Overview Features True Comps Price History Payment Location Similar Homes

Own in Miami?

OFF MARKET

$2,550,000

Estimate Payment $14,301 Closing Costs

Beds

0.98

Acre

$2,602,041

$/Acre

LandProperty Type

0.98 AcresLot Size

$2,602,041/AcrePrice per acre

Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42,640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.

Listing Courtesy Of: Compass Florida, LLC

Local Realty Services Provided By: Best of Luxury Realty

On Site: 318 DaysUpdated: 150 Days agoPage Views: 0

All features

Current Use: HotelMotel,Other
Property SqFt: 42640
Remarks: Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42, 640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.
Internet Remarks: Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42, 640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.
Waterfront: No info
Days on Market: 168
Office Name: Compass Florida, LLC
Area: 42640
Taxes: 16882
Tax Year: 2025
Listing Date: 2025-12-18T14:45:08.000-00:00
Lot Size Square Feet: 42640