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Residential Development Land for Eight Homes

890 NE 70th Street, Miami, FL 33138

For Sale
$7,500,000

Eight vacant residential lots offer space for up to eight homes, with some lots featuring Biscayne Bay views.

Property SizeContact for details
Lot Size58,240.00 Acres
Days on Market127

Property Features for 890 NE 70th Street

General Information

Standard status Active
Lot size 58,240.00 Acres
Property subtype Land
Zoning RU-1

Site & Location

Neighborhood Northwestern Estates
Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,878
Listing Agency: One Sotheby's International Realty
Listed By: Fabian Garcia-Diaz · License FL #0492073
Source: Laerrealty
Added: Jul 7 Changed: Nov 10 Last Checked: Jul 7 at 5:03AM

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 One Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

This offering consists of eight residential vacant lots totaling 58,240 square feet. The lots are suited to residential development, with the opportunity to build up to eight homes. Some of the lots include Biscayne Bay views.

The property is located across the street from Baywood Park and sits on a street with sidewalks and very little traffic. The seller notes the area is minutes from Miami’s Design District and Wynwood, with access to highways, and provides walkable access to shops and public transportation.

For buyers or developers seeking small-lot residential infill, this assemblage provides a straightforward path to plan and build multiple homes across separate parcels. Seller financing is available, which may help qualified buyers structure acquisition and pre-development timing more flexibly.

Key Highlights

  • Eight (8) residential vacant lots totaling 58,240 SF
  • Some lots offer Biscayne Bay views
  • Lots are across the street from Baywood Park

Property Analytics

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

Suggested Use

Top Pick Dental Office Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Butcher Tanning 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,215
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
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 - Eight vacant residential lots offer space for up to eight homes, with some lots featuring Biscayne Bay views.
Where is this residential land & home lot located?
The property is located at 890 NE 70th Street Miami, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Eight (8) residential vacant lots totaling 58,240 SF; Some lots offer Biscayne Bay views; Lots are across the street from Baywood Park
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