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Improved Parking Lot For Sale
For Sale
$650,000

720 NW 125th St, North Miami, FL 33168

Paved parking lot with development potential near I-95.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market166

Property Features for 720 NW 125th St

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,567
Listing Agency: NORLUXE REALTY MIAMI
Listed By: Krystal Wright · License #A11934576
Source: Elliman
Added: Mar 11 Changed: Aug 15 Last Checked: Aug 22 at 11:15AM

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 NORLUXE REALTY MIAMI

Investment Insights

Based on property information with market context.

This improved, paved commercial parking lot is located just off the I-95 expressway, providing excellent visibility and strong traffic exposure. The property includes 20 standard parking spaces and 1 handicap space. The flexible zoning allows for the development of various business types, such as a grocery store, mini-market, studio, or car rental office, with space to build while maintaining on-site parking. This property is an opportunity for investors or business owners seeking a high-exposure site in a thriving area.

Key Highlights

  • Prime location with excellent visibility just off I‑95.
  • Flexible zoning allows for development of various business types.
  • Includes 21 total parking spaces, ready for immediate use.

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

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

774
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33168, FL

24,715
Population
6,761
Households
3.7
Avg Household Size
39
Median Age
16%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
6,865
Density / Sq Mi
$58,636
Median Household Income
$31,984
Median Earnings
$1,576
Median Rent
$329,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Paved parking lot with development potential near I-95.
Where is this parking lot & garage located?
The property is located at 720 NW 125th St North Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location with excellent visibility just off I‑95.; Flexible zoning allows for development of various business types.; Includes 21 total parking spaces, ready for immediate use.
More about this property
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