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Entitled 18-Unit Multifamily Site
For Sale
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2675 NW 87TH ST, Miami, FL 33147

Feasibility study and approvals support a proposed 18-unit, four-floor building with zoning parameters for future density.

Property SizeContact for details
Days on Market122

Property Features for 2675 NW 87TH ST

General Information

Standard status Active
Total Parking Spaces 18
Property subtype Special Purpose

Additional Details

Multifamily Units 18

Building Details

Stories 4
Listing Agency: Zilla Real Estate, Inc
Listed By: Briana Gowen · License #3272881
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:55AM

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 Zilla Real Estate, Inc

Investment Insights

Based on property information with market context.

This for-sale residential land parcel has a feasibility study completed, with planning and approval in place for an 18-unit building. The proposal calls for a four-floor, 18-unit configuration with 18 parking spaces, with an indicated completion date of July 2022. Zoning parameters noted for the lot include no parking requirements, a 10-foot front setback, 10% open space, and potential density up to 12 stories and 90 units per acre.

The provided remarks also reference significant development activity in the area by the same developer, including a larger underway project and a separate planned mall development.

Pricing is referenced as $449,000 with approved plans, equating to $25,000 per unit, based on the information provided.

Key Highlights

  • Feasibility study completed with planning and approval for an 18‑unit building (4 floors), completion date July 2022
  • Approved plans include 18 units and 18 parking spaces
  • Zoning notes: no parking requirements per lot; 10 ft front setback; 10% open space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic Bakery

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

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby

Demographics for 33147, FL

48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
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?
Residential land & home lot - Feasibility study and approvals support a proposed 18-unit, four-floor building with zoning parameters for future density.
Where is this residential land & home lot located?
The property is located at 2675 NW 87TH ST Miami, FL.
What are key features of this property?
This property features: Feasibility study completed with planning and approval for an 18‑unit building (4 floors), completion date July 2022; Approved plans include 18 units and 18 parking spaces; Zoning notes: no parking requirements per lot; 10 ft front setback; 10% open space
(786) 972-9746 Call to check price and availability
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