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Allapattah Land Assembly Opportunity
For Sale
$1,250,000

2616 NW 23rd Ave, Miami, FL 33142

LAND - Miami, FL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market187

Property Features for 2616 NW 23rd Ave

General Information

Property type Land
Property subtype Other
Zoning description 3900
Subdivision WESTHAVEN
Lot features <1 Acre, Rectangular Lot
Standard status Active
APN 01-31-27-026-0380
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WESTHAVEN PB 6-95 LOT 18 BLK 2 LOT SIZE 5520 SQUARE FEET OR 14149-2878 0689 4 COC 21951-0812 12 2003 2
Tax Annual Amount 2698
Legal Description WESTHAVEN PB 6-95 LOT 18 BLK 2 LOT SIZE 5520 SQUARE FEET OR 14149-2878 0689 4 COC 21951-0812 12 2003 2

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: Julies Realty, LLC
Listed By: Yilena Mendoza · License #3303361
Added: Feb 6 Changed: Jun 30 Last Checked: Aug 12 at 7:06PM
MLS# A11959678

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering presents investors and developers with a prime land assembly opportunity. It comprises two contiguous lots totaling 11,040 square feet, which is equivalent to 0.25 acres. The site is located in Allapattah's high-growth NW 27th Avenue corridor. The portfolio includes an adjacent parcel under a separate folio. The zoning is T4-R. The location is immediately west of Wynwood, an area experiencing surging land values. An existing 5-unit building on the property generates positive cash flow, providing income while securing permits and planning development. The property is situated in a federally designated Opportunity Zone, offering superior access to SR-836, I-95, Wynwood, the Health District, and Downtown Miami. This quarter-acre development site with built-in rental income is located in Miami's fastest-appreciating submarket, where institutional capital is actively acquiring land.

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

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Acupuncture Pet Grooming Service

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

2,938
Businesses Nearby

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
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?
Commercial land - Two contiguous lots in high-growth area with income potential.
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.
More about this property
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