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Miami Multifamily Development Opportunity
For Sale
$999,999

21150 SW 117 AVE, Miami, FL 33177

22,651 sq ft vacant lot for multifamily development.

Property SizeContact for details
Lot Size0.52 Acres
Days on Market258

Property Features for 21150 SW 117 AVE

General Information

Standard status Active
Lot size 0.52 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,286
Listing Agency:
Listed By: Mario Bouza Mesa
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 11:26AM

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 Mario Bouza Mesa

Investment Insights

Based on property information with market context.

This 22,651 sq. ft. vacant lot presents an exceptional development opportunity in Miami. Zoned to allow multifamily construction, the site offers the potential to construct an apartment building, develop two duplexes, or create up to four individual units. The property is centrally located and surrounded by neighborhoods, major highways, shopping, dining, and entertainment. This land provides a canvas for maximizing rental income or designing a boutique community in a dynamic market.

Key Highlights

  • Prime central Miami location in a thriving area close to major highways, shopping, dining, and entertainment.
  • Large 22,651 sq. ft. vacant lot offering a blank canvas for development.
  • Zoned for multifamily construction, allowing for various development options.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

910
Businesses Nearby

Demographics for 33177, FL

56,331
Population
17,124
Households
3.3
Avg Household Size
41
Median Age
23%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
4,471
Density / Sq Mi
$77,297
Median Household Income
$36,347
Median Earnings
$2,080
Median Rent
$399,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 22,651 sq ft vacant lot for multifamily development.
Where is this land located?
The property is located at 21150 SW 117 AVE Miami, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Prime central Miami location in a thriving area close to major highways, shopping, dining, and entertainment.; Large 22,651 sq. ft. vacant lot offering a blank canvas for development.; Zoned for multifamily construction, allowing for various development options.
More about this property
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