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    1872 NW 24Th St Miami, FL 33142

    New
    For Sale
    $1,250,000

    Land - Miami, FL

    Lot size:
    0.16 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 11:06 am

    Property Features for 1872 NW 24Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    6107
    APN
    01-31-27-038-0360
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Other
    Water source
    Other

    Building Details

    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Alessandro Lima (305) 851-2820 License #3404498

    Listing date Dec 8, 2025

    MLS# A11927473 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shovel-Ready Development Opportunity in Allapattah

    This shovel-ready development opportunity is located in the rapidly growing Allapattah neighborhood of Miami. The site comes with approved permits and complete architectural plans, allowing developers to start immediately. Situated under 2 miles from the Wynwood district, the property is positioned at the gateway between Miami’s arts, residential, and commercial corridors. Allapattah is experiencing growth, driven by new multifamily, retail, and industrial redevelopment. This project is positioned for strong demand and long-term upside. The property is zoned 6107 and has a lot size of 0.164 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.22692
    Latitude
    25.79898

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    FAQs

    What type of property is this?
    Commercial land - Permitted 20-unit development site in Miami's rapidly growing Allapattah.
    Where is this commercial land located?
    The property is located at 1872 NW 24Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Shovel-ready development site with approved permits and architectural plans for a 20-unit building.; - Located in Allapattah, a rapidly growing Miami neighborhood.; - Positioned for strong demand due to multifamily, retail, and industrial redevelopment in the area.
    (305) 851-2820
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    1872 NW 24Th St Miami, FL 33142
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    Miami, FL 33142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1872 NW 24Th St Miami, FL 33142
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