Three-Sided Development Site with
For Sale
$11,000,000
1902 NW 14th Ave, Miami, FL 33125
1.21-acre site with a 5,617 SF single-tenant building, delivering vacant at closing and zoned for up to 182 units.
Property SizeContact for details
Days on Market94
Property Features for 1902 NW 14th Ave
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$66,947
Listing Agency:
Compass Florida, LLC
Listed By:
Jesse Spencer · License #3282789
(305) 632-7195
Source:
Miamibrokersgroup
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 7 at 5:34PM
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 Compass Florida, LLC
Investment Insights
Based on property information with market context.
This 1.21-acre development site includes an existing 5,617 SF single-tenant building that is currently occupied and will be delivered vacant at closing. The parcel features three-sided street frontage, supporting multiple points of access and flexibility for future site planning.
Zoned T6-8-O, the property allows residential development of up to 182 units by right, approximating an 8–12 story framework. Under Florida’s Live Local Act, the site may qualify for substantially greater density with workforce housing, potentially increasing development to 20+ stories and 1,200+ residential units; buyer must independently verify eligibility and potential.
Located adjacent to the Miami Health District and just west of Wynwood, the site places major medical and education employers within walking distance, including Jackson Memorial Hospital, the University of Miami Miller School of Medicine, the VA Medical Center, and Miami Dade College’s Medical Campus. Major roadways and the Culmer Metrorail Station provide access to Downtown Miami and Miami International Airport.
Zoned T6-8-O, the property allows residential development of up to 182 units by right, approximating an 8–12 story framework. Under Florida’s Live Local Act, the site may qualify for substantially greater density with workforce housing, potentially increasing development to 20+ stories and 1,200+ residential units; buyer must independently verify eligibility and potential.
Located adjacent to the Miami Health District and just west of Wynwood, the site places major medical and education employers within walking distance, including Jackson Memorial Hospital, the University of Miami Miller School of Medicine, the VA Medical Center, and Miami Dade College’s Medical Campus. Major roadways and the Culmer Metrorail Station provide access to Downtown Miami and Miami International Airport.
Key Highlights
- 1.21‑acre (52,925 SF) development site with three‑sided street frontage in Miami’s Allapattah area.
- Zoned T6‑8‑O for up to 182 residential units by right (approx. 8–12 stories).
- Existing 5,617 SF single‑tenant building occupied now and delivered vacant at closing.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
7,361
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - 1.21-acre site with a 5,617 SF single-tenant building, delivering vacant at closing and zoned for up to 182 units.
Where is this apartment building located?
The property is located at 1902 NW 14th Ave Miami, FL.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 1.21‑acre (52,925 SF) development site with three‑sided street frontage in Miami’s Allapattah area.; Zoned T6‑8‑O for up to 182 residential units by right (approx. 8–12 stories).; Existing 5,617 SF single‑tenant building occupied now and delivered vacant at closing.
