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Residential Lot with Income Potential
For Sale
$1,900,000

4501 NW 33rd Ave, Miami, FL 33142

29,445 SF residential lot with three legal properties.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market258

Property Features for 4501 NW 33rd Ave

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Other

Taxes and HOA fees

Annual Taxes $9,006
Listing Agency: Fausto Commercial Realty Consultants
Listed By: Francisco Campos · License #3289280
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:38AM

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 Fausto Commercial Realty Consultants

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a spacious 29,445 square foot residential lot located just blocks from Hialeah. The property features a portfolio of three legal properties under one folio. One property includes five bedrooms and four bathrooms and is currently rented for $4,000 per month. Another property includes three bedrooms and two bathrooms and is vacant and ready for full rehabilitation. The third property includes two bedrooms and one bathroom and is currently rented for $1,500 per month. This strong income-producing asset has tremendous development potential and is a true covered land play in a rapidly growing market. The property is situated in a designated Opportunity Zone, offering significant tax advantages. It is perfect for investors and developers looking to maximize upside while generating cash flow.

Key Highlights

  • Large 29,445 SF residential lot with development potential.
  • Portfolio of three legal properties under one folio.
  • Located in a designated Opportunity Zone, offering significant tax advantages.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Hair 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

1,658
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

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?
Multifamily property - 29,445 SF residential lot with three legal properties.
Where is this multifamily property located?
The property is located at 4501 NW 33rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Large 29,445 SF residential lot with development potential.; Portfolio of three legal properties under one folio.; Located in a designated Opportunity Zone, offering significant tax advantages.
More about this property
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