0.98
Acre
Status
OFF MARKETExpired
Size
0.98 Acres (3,961 m2)
Price
$2,602,041/Acre ($644/m2)
Type
Land
MLS Number
A11932904
On Site
270 Days
Updated
102 Days ago
Page Views
0
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.

Features

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

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across Miami, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Date
Event
Price
Change
Price Per
12/18/2025
Listed
$2.6M
 
$60 ft2
$644 m2
12/18/2025
$2.6M
Event
Listed
Price Per
$60 ft2
$644 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gerardo GonzalezCompass Florida, LLC • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear