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Development Opportunity Near 27th Avenue
For Sale
$1,425,000

470 NW 26th Ave, Miami, FL 33125

Two adjacent lots with duplexes, development potential near Flagler.

Property SizeContact for details
Lot Size14,000.00 Acres
Days on Market157

Property Features for 470 NW 26th Ave

General Information

Standard status Active
Lot size 14,000.00 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,597
Listing Agency: Beachfront Realty, Inc
Listed By: Jeffrey Stone · License #0605746
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

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 Beachfront Realty, Inc

Investment Insights

Based on property information with market context.

Two adjacent lots are available, presenting a development opportunity. The lots currently accommodate two duplexes. One duplex features a 3/2 unit and a 2/1 unit, while the other contains two 2/1 units. Situated near 27th Avenue and just north of Flagler Street, the location offers potential for development. The current zoning allows for duplexes with 2-9 units, and there is a possibility of requesting a variance to construct a larger project. The owner intends to sell both duplexes and lots as a package deal.

Key Highlights

  • Opportunity to develop two adjacent lots.
  • Excellent location near 27th Avenue and north of Flagler Street.
  • Zoned for duplexes, 2‑9 units.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Butcher (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring 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

2,804
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots with duplexes, development potential near Flagler.
Where is this residential land & home lot located?
The property is located at 470 NW 26th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Opportunity to develop two adjacent lots.; Excellent location near 27th Avenue and north of Flagler Street.; Zoned for duplexes, 2‑9 units.
More about this property
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