Allapattah Development Site with
For Sale
$1,250,000
2616 Nw 23rd Ave, Miami, FL 33142
Prime 0.25-acre development site with existing income in Allapattah.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market211
Property Features for 2616 Nw 23rd Ave
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$2,698
Listing Agency:
Julies Realty, LLC
(305) 751-6400
Listed By:
Yilena Mendoza · License #3303361
(786) 442-7626
Source:
Exprealty
Added: Feb 5
Changed: Aug 25
Last Checked: Sep 1 at 10:20PM
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 Julies Realty, LLC
Investment Insights
Based on property information with market context.
This property presents a development opportunity with two contiguous lots totaling 11,040 square feet (0.25 acres) located in Allapattah's NW 27th Avenue corridor. The T4-R zoning supports development potential in an area west of Wynwood. An existing 5-unit building generates income while securing permits and planning development. The property is located in a federally designated Opportunity Zone, providing access to SR-836, I-95, Wynwood, the Health District, and Downtown Miami. This quarter-acre development site offers built-in rental income in a submarket experiencing appreciation.
Key Highlights
- Prime 0.25‑acre land assembly in Allapattah's high‑growth NW 27th Avenue corridor.
- T4‑R zoning suitable for development.
- Existing 5‑unit building generates positive cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,665
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Prime 0.25-acre development site with existing income in Allapattah.
Where is this commercial land located?
The property is located at 2616 Nw 23rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime 0.25‑acre land assembly in Allapattah's high‑growth NW 27th Avenue corridor.; T4‑R zoning suitable for development.; Existing 5‑unit building generates positive cash flow.
