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Development Opportunity Near 27th Avenue
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470 NW 26th Ave, Miami, FL 33125

Two adjacent lots with duplexes, ideal for redevelopment.

Property SizeContact for details
Days on Market772

Property Features for 470 NW 26th Ave

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multifamily

Building Details

Year Built 1962
Stories 1
Units 2
Listing Agency: Beachfront Realty Inc
Listed By: Jeffrey Stone · License #0605746
Source: Crexi
Added: Jul 3, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:01PM

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.

Two adjacent lots are available for sale, presenting a development opportunity. The lots currently feature two duplexes. One duplex contains a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, while the other duplex consists of two 2-bedroom, 1-bathroom units. The property's location near 27th Avenue and just north of Flagler Street enhances its development potential. The current zoning allows for duplexes with 2 to 9 units, with the possibility of requesting a variance to build a larger project. The owner intends to sell both duplexes and lots as a package deal.

Key Highlights

  • Development Opportunity: Two adjacent lots offered as a package deal, ideal for development.
  • Prime Location: Situated next to 27th Avenue and just north of Flagler Street.
  • Zoning Potential: Currently zoned for duplexes (2‑9 units) with potential for variance to build a larger project.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Butcher (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring 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

2,804
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots with duplexes, ideal for redevelopment.
Where is this residential land & home lot located?
The property is located at 470 NW 26th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Development Opportunity: Two adjacent lots offered as a package deal, ideal for development.; Prime Location: Situated next to 27th Avenue and just north of Flagler Street.; Zoning Potential: Currently zoned for duplexes (2‑9 units) with potential for variance to build a larger project.
(305) 405-0615 Call to check price and availability
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