Triplex Redevelopment
For Sale
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1234 NW 9th Ave, Miami, FL 33136
Zoned T6-8-L for up to 33 residential units by right, with a two-structure 1920s triplex on a 9,000 sq ft lot.
Lot Size0.20 Acres
Days on Market436
Property Features for 1234 NW 9th Ave
General Information
Standard status
Active
Lot size
0.20 Acres
Property subtype
LAND
Zoning
T6-8-L
Building Details
Buildings
2
Listing Agency:
Fausto Commercial Realty
(305) 753-3295
Listed By:
Miguel Fuentes · License #3254982
(305) 915-3492
Source:
Moodyscre
Added: May 23, 2025
Changed: Jul 30
Last Checked: Jul 31 at 8:03AM
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 Realty
Investment Insights
Based on property information with market context.
This 9,000 sq ft lot includes a two-structure 1920s triplex that is currently generating annual income. The property is zoned T6-8-L and permits up to 33 residential units by right, supported by its placement within a Transit-Oriented Development (TOD) zone. TOD zoning provides reduced or eliminated parking requirements, which may help reduce construction costs while maximizing buildable space.
The site is strategically positioned in Miami’s urban core near major employment centers including Jackson Memorial Hospital, the University of Miami, and the Miami-Dade County Courthouse. It is also described as being within walking distance to multiple transit options, supporting accessibility for future residents.
For buyers seeking an income stream alongside redevelopment upside, the combination of existing triplex structures and higher-density by-right permissions is intended to support both near-term and long-term plans on the same parcel.
The site is strategically positioned in Miami’s urban core near major employment centers including Jackson Memorial Hospital, the University of Miami, and the Miami-Dade County Courthouse. It is also described as being within walking distance to multiple transit options, supporting accessibility for future residents.
For buyers seeking an income stream alongside redevelopment upside, the combination of existing triplex structures and higher-density by-right permissions is intended to support both near-term and long-term plans on the same parcel.
Key Highlights
- 9,000 sq ft lot with a two‑structure 1920s triplex
- Zoned T6‑8‑L and permits up to 33 residential units by right
- Transit‑Oriented Development (TOD) zone with reduced or eliminated parking requirements
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 33136, FL
15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Zoned T6-8-L for up to 33 residential units by right, with a two-structure 1920s triplex on a 9,000 sq ft lot.
Where is this triplex located?
The property is located at 1234 NW 9th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: 9,000 sq ft lot with a two‑structure 1920s triplex; Zoned T6‑8‑L and permits up to 33 residential units by right; Transit‑Oriented Development (TOD) zone with reduced or eliminated parking requirements
