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    710 NW 81St St Miami, FL 33150

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    For Sale
    $2,500,000

    Three contiguous lots ideal for residential or retail development.

    Lot size:
    0.50 Acres

    Property Features for 710 NW 81St St

    General Information

    Lot size
    0.50 Acres

    Source: RE/MAX 360 Real Estate Agent Agustin Duarte

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Parcel for Development

    This offering comprises three contiguous lots located on NW 81st Street, totaling approximately 0.50 acres, which is around 21,756 square feet. The lots are directly adjacent to NW 81st Street along their northern border. This adjacency suggests potential for ground-floor retail, which could benefit a vertical residential development. The current owner designed a 40-unit, five-story residential project, taking advantage of the favorable UC-MM 6164 - UC CENTER - MAIN STREET (MM) 12 MAX HT zoning. With the implementation of SB 102, The Live Local Act, the development of more units is feasible.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.18218
    Latitude
    25.849258

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    FAQs

    What type of property is this?
    Commercial land - Three contiguous lots ideal for residential or retail development.
    Where is this commercial land located?
    The property is located at 710 NW 81St St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Three contiguous lots totaling approximately 0.50 acres (21,756 sq ft).; - Favorable UC-MM zoning allows for vertical residential development.; - Potential for ground-floor retail due to direct abutment to NW 81st Street.
    (305) 450-5992
    Request Owner's contact information
    710 NW 81St St Miami, FL 33150
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    Miami, FL 33150
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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
    710 NW 81St St Miami, FL 33150
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