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Three-Sided Development Site with Building
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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 Size5,617 SF
Price / SF$2,314
Days on Market51

Property Features for 1902 NW 14TH AVE

General Information

Standard status Active
Size 5,617 SF
Property subtype Mixed Use, Land
Zoning T6-8-O
Investment Type Redevelopment

Building Details

Year Built 1998
Buildings 1
Stories 1
Units 1
Listing Agency: Compass Florida LLC
Listed By: Jesse Spencer · License #3282789
Source: Crexi
Added: Jul 6 Changed: Aug 21 Last Checked: Aug 22 at 5:03AM

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 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.

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

Current Use

Mary Care Nero Physician SFFCU, A Division of Guardians ... Credit Union

Suggested Use

Top Pick Electrical Service Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

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

7,361
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
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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 $13,000,000.
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.
(305) 632-7195 Call to check price and availability
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