Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1895 75 Plc Miami, FL 33147

    For Sale
    $489,500

    Prime Miami location, Opportunity Zone, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.4-acre commercial land parcel, located at 1895 NW 75 Street in Miami, Florida (zip code 33147), presents a compelling investment opportunity. Situated within a designated Opportunity Zone, this property offers significant tax advantages for investors seeking substantial returns. The land is zoned BU-1 (Neighborhood Business District), providing flexibility for a diverse range of commercial developments. Permitted uses include retail spaces, service establishments, offices, restaurants, cafes, and car washes, catering to the needs of the surrounding community. The zoning allows for a maximum building height of two stories (35 feet) with a Floor Area Ratio (FAR) of 0.40 for a single-story building, increasing by 0.11 for each additional story. Setback requirements are 20 feet from the front, 20 feet from the rear (residential boundaries) or 5 feet from BU/IU boundaries, 0 feet from interior sides adjacent to BU/IU districts, and 15 feet from side streets (or 25 feet if adjacent to a residential district). This prime location and flexible zoning make this property ideal for a mixed-use development project designed to serve the local community. The property's strategic location in Miami-Dade County offers excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a highly versatile commercial lot in a rapidly growing area.

    Property Features for 1895 75 Plc

    General Information

    Property type
    Land

    HighLights

    • $489,500 asking price.
    • Miami‑Dade County, FL commercial land.
    • Located in an Opportunity Zone, offering significant tax advantages.
    • Zoned BU‑1, allowing diverse commercial uses (retail, restaurants, offices, etc.).
    • Maximum building height: 2 stories/35 feet; 0.40 FAR (1 story), increasing with additional stories.
    • Setbacks apply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2289509
    Latitude
    25.8453517

    Nearby Similar for Sale

    • New
      $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • New
      $3,775,000

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • New
      $3,775,000
      7,000 SF

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Land - Prime Miami location, Opportunity Zone, high development potential.
    Where is this land located?
    The property is located at 1895 75 Plc Miami, FL.
    What is the asking price?
    The asking price for this property is $489,500.
    What are key features of this property?
    This property features: $489,500 asking price.; Miami-Dade County, FL commercial land.; Located in an Opportunity Zone, offering significant tax advantages.
    Request Owner's contact information
    1895 75 Plc Miami, FL 33147
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1895 75 Plc
    Miami, FL 33147
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1895 75 Plc Miami, FL 33147
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.