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    380 NE 32Nd St Miami, FL 33137

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    For Sale
    $7,999,000

    Unimproved land in prime Miami location, ideal for development.

    Lot size:
    22,991.00 Acres

    Property Features for 380 NE 32Nd St

    General Information

    Lot size
    22,991.00 Acres

    Source: Hibiscus Realty Group Agent Carlos Machado

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

    Overview

    Edgewater Vacant Land Opportunity

    This is an unimproved vacant land parcel situated between NE 31st and 32nd Street, east of US1, in the Edgewater section of Miami. The T6-36A-L zoning allows for 150 units per acre as a matter of right, potentially accommodating up to 78 residential units or 156 hotel keys, according to zoning regulations. Under the Miami-21 Zoning Code, the T6-36A-L zoning permits a maximum building height of 36 stories. The property's location offers close proximity to Biscayne Blvd., I-195, the Design District, and the Arts & Entertainment District, making it a prime location for development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.20254
    Latitude
    25.806253

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    FAQs

    What type of property is this?
    Land - Unimproved land in prime Miami location, ideal for development.
    Where is this land located?
    The property is located at 380 NE 32Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $7,999,000.
    What are key features of this property?
    This property features: - T6-36A-L zoning allows for **high-density development: up to 78 residential units or 156 hotel keys.**; - **Maximum building height of 36 stories permitted** under Miami-21 Zoning Code.; - Prime location in Edgewater, Miami, east of US1.
    (305) 305-7377
    Request Owner's contact information
    380 NE 32Nd St Miami, FL 33137
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    Miami, FL 33137
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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
    380 NE 32Nd St Miami, FL 33137
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