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Multi-Unit Development Land Opportunity

542 SW 2nd St, Miami, FL 33130

For Sale
$995,000

Vacant residential lot offering room for a multi-unit build near Miami area schools.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market227

Property Features for 542 SW 2nd St

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Vacant Land

Site & Location

Neighborhood Lummus Park

Amenities

Lot Size Acres: 0.17, Lot Size Square Feet: 7500
Total Taxes: $14,500, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Subdivision Name: City Of Miami South
Listing Agency: Florida Realty of Miami Corp
Listed By: Niurka Echevarria Cabret · License FL #3087989
Source: Doyle-realty
Added: Apr 1 Changed: Nov 12 Last Checked: Nov 12 at 8:02AM

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 Florida Realty of Miami Corp

Rey
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Investment Insights

Based on property information with market context.

This offering is a vacant land parcel being marketed as one of the last empty lots in the area. The property is available for developers looking for flexibility, with plans described in the remarks for building 6 to 7 units or more. As presented, it is a straightforward development tract with no existing structures indicated as part of the sale information.

The property is located at 542 SW 2nd St in Miami, Florida 33130. Nearby schools referenced in the listing include Jose De Diego Middle School and Booker T. Washington Senior High School through the Dade County School District, as well as Riverside Elementary School.

For qualified developers and investors, this lot may fit scenarios where entitlements or site planning support a higher-density residential build. Buyers will want to perform their own due diligence regarding feasibility for the target unit count, including confirming all development requirements and approvals. The seller is marketing the parcel as a development opportunity due to its vacant status and limited remaining supply of empty lots in the immediate area.

Key Highlights

  • Vacant residential lot with 7,500 SF
  • Opportunity to build 6 to 7 units or more
  • Near Jose De Diego Middle School (Dade County School District)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Pet Grooming Service Restaurant Buffet

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

8,578
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residential lot offering room for a multi-unit build near Miami area schools.
Where is this residential land & home lot located?
The property is located at 542 SW 2nd St Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Vacant residential lot with 7,500 SF; Opportunity to build 6 to 7 units or more; Near Jose De Diego Middle School (Dade County School District)
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