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Development Site in Miami

20 Northwest 50th Avenue Miami, FL 33126

20 Northwest 50th Avenue, Miami, FL, 33126
$2,450,000
For Sale
Claim this Listing
$2,450,000

Prime corner lot with development potential in Miami.

Property Size13,860 SF
Lot Size0.32 Acres
Price / SF$176.77
AddedNov 12, 2021
Days on Market1707
Last RefreshJul 15 at 9:55 pm

Property Features for 20 Northwest 50th Avenue

General Information

Standard status
Active
Size
13,860 SF
Lot size
0.32 Acres
Property subtype
Land-Commercial/Business/Agricultural/Industrial / Income/Multi Family

Listing office Nova Realty Group, Inc.

Listing date Nov 12, 2021

Source Compass

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 Nova Realty Group, Inc.


Investment Insights

Based on property information with market context.

This property presents an opportunity to own a development site situated in Miami. The corner lot, located on Flagler St., offers 13,860 square feet of space. The property includes a 3-bed, 3-bath home. Zoned T5-L, the site allows for a density of up to 20 units, with the potential for more through city programs designed to promote mixed-income housing. The location is South of Miami International Airport and North of Coral Gables, providing convenient access to major highways. This site is suitable for investment or development.

Key Highlights

  • Prime development site in a vibrant Miami neighborhood.
  • Zoned T5‑L allowing for up to 20 units.
  • Corner lot with 13,860 sq. ft.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Restaurant Acupuncture Locksmith (Bike/Boat/Book/etc) Store Arcade & Gaming Center Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Prime corner lot with development potential in Miami.
Where is this commercial land located?
The property is located at 20 Northwest 50th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime development site in a vibrant Miami neighborhood.; Zoned T5‑L allowing for up to 20 units.; Corner lot with **13,860 sq. ft.**
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