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Urban Center Development Land
For Sale
$943,800

649 NW 65th St, Miami, FL 33150

Two adjoining parcels carry a T5-R-URBAN CENTER ZONE designation and include an existing residence.

Property Size1,215 SF
Days on Market9

Property Features for 649 NW 65th St

General Information

Standard status Active
Size 1,215 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $11,528

Building Details

Building Size 1,215 SF
Year Built 1939
Listing Agency: Trustee Realty Inc.
Listed By: Jason Welt · License #3035025
Source: Relinkre
Added: Aug 25 Changed: Aug 30 Last Checked: Sep 2 at 12:07AM

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 Trustee Realty Inc.

Investment Insights

Based on property information with market context.

This commercial land offering combines two adjacent parcels into a 14,300-square-foot assemblage in Miami’s Forest Park neighborhood. The property includes an existing income-producing residence, providing an established improvement on the site while redevelopment planning and permitting are evaluated. The existing structure dates to 1939.

The site is positioned within an evolving urban corridor with access to major highways, Downtown Miami, Wynwood, the Design District, Miami International Airport, and nearby shopping, dining, and employment centers. The property is designated T5-R-URBAN CENTER ZONE; buyers should independently confirm zoning, density, and applicable development regulations.

The sale involves a Bankruptcy Court proceeding and requires court approval. The property is offered in its existing condition, and buyers are responsible for completing their own due diligence.

Key Highlights

  • 14,300 SF assemblage comprising two adjacent parcels
  • T5‑R‑URBAN CENTER ZONE designation
  • Existing income‑producing residence on the site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Veterinary Clinic Electrical Service Acupuncture

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

1,551
Businesses Nearby

Demographics for 33150, FL

28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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?
Commercial land - Two adjoining parcels carry a T5-R-URBAN CENTER ZONE designation and include an existing residence.
Where is this commercial land located?
The property is located at 649 NW 65th St Miami, FL.
What is the asking price?
The asking price for this property is $943,800.
What are key features of this property?
This property features: 14,300 SF assemblage comprising two adjacent parcels; T5‑R‑URBAN CENTER ZONE designation; Existing income‑producing residence on the site
More about this property
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