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Redevelopment Opportunity in Miami
For Sale
$1,290,000

261 NW 73rd Ter, Miami, FL 33150

7,500 SF lot zoned T5-R for vertical development.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market157

Property Features for 261 NW 73rd Ter

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,494
Listing Agency: Beachfront Realty, Inc
Listed By: Monica Sciarra · License #3382598
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Jul 16 at 8:45AM

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 Beachfront Realty, Inc

Investment Insights

Based on property information with market context.

This property presents a prime opportunity for redevelopment within Miami's urban core. The site encompasses a 7,500 square foot lot with T5-R zoning, which allows for future vertical development. Currently, there is an existing single-family home on the property, featuring three bedrooms and two bathrooms, and a new roof. The location is positioned to benefit from surrounding growth and Transit-Oriented Development initiatives.

Key Highlights

  • Prime redevelopment opportunity in Miami's urban core.
  • 7,500 SF lot zoned T5‑R allowing for vertical development.
  • Positioned to benefit from surrounding growth.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Nursing Home (Bike/Boat/Book/etc) Store

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

1,594
Businesses Nearby

Demographics for 33150, FL

28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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 - 7,500 SF lot zoned T5-R for vertical development.
Where is this residential land & home lot located?
The property is located at 261 NW 73rd Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in Miami's urban core.; 7,500 SF lot zoned T5‑R allowing for vertical development.; Positioned to benefit from surrounding growth.
More about this property
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