Corner Development Land
For Sale
Contact for pricing
111 Northwest 77th Street, Miami, FL 33150
Two-parcel corner site in a federally designated Opportunity Zone for up to 31 units.
Property Size2,528 SF
Lot Size0.48 Acres
Price / SF$909.81
Days on Market54
Property Features for 111 Northwest 77th Street
General Information
Standard status
Active
Size
2,528 SF
Lot size
0.48 Acres
Property subtype
Multifamily, Land, Retail
Zoning
T5-R
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1937
Buildings
2
Listing Agency:
Fausto Commercial
Listed By:
Ben Kunzle · License #3634365
Source:
Crexi
Added: Jun 21
Changed: Aug 8
Last Checked: Aug 12 at 1:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial
Investment Insights
Based on property information with market context.
A contiguous +/-0.48-acre development assemblage is available as a single sale, consisting of two adjoining parcels under common ownership with two existing structures in place. The offering totals 20,776 SF and is presented as a corner-controlled land position intended to support a covered-land approach while a future project is designed, finalized, and permitted.
The assemblage anchors a hard corner at NW 1st Avenue and NW 77th Street. The property is located within a federally designated Opportunity Zone, and the site is described as being positioned steps from the Little River District, the FEC rail corridor, Wynwood, and the Design District.
Zoning is identified as T5-R, which delivers up to 31 units by right within a five-story envelope, according to the offering. The remarks note that because the by-right density uses only part of that envelope, the corner may be a candidate for density increases through a TSND petition or a rezoning, including the possibility of a parking reduction by Exception given transit proximity. Buyers are invited to underwrite the redevelopment path on their own terms.
The assemblage anchors a hard corner at NW 1st Avenue and NW 77th Street. The property is located within a federally designated Opportunity Zone, and the site is described as being positioned steps from the Little River District, the FEC rail corridor, Wynwood, and the Design District.
Zoning is identified as T5-R, which delivers up to 31 units by right within a five-story envelope, according to the offering. The remarks note that because the by-right density uses only part of that envelope, the corner may be a candidate for density increases through a TSND petition or a rezoning, including the possibility of a parking reduction by Exception given transit proximity. Buyers are invited to underwrite the redevelopment path on their own terms.
Key Highlights
- ±0.48‑acre development assemblage with 20,776 SF across two adjoining parcels under common ownership
- Corner location at NW 1st Avenue and NW 77th Street in a federally designated Opportunity Zone
- T5‑R zoning offers up to 31 units by right within a five‑story envelope
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two-parcel corner site in a federally designated Opportunity Zone for up to 31 units.
Where is this commercial land located?
The property is located at 111 Northwest 77th Street Miami, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: ±0.48‑acre development assemblage with 20,776 SF across two adjoining parcels under common ownership; Corner location at NW 1st Avenue and NW 77th Street in a federally designated Opportunity Zone; T5‑R zoning offers up to 31 units by right within a five‑story envelope
