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    4120 17Th Ave Miami, FL 33142

    For Sale
    $690,000

    Prime Miami location, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional opportunity presents a 9,086 square foot land assemblage in the thriving Allapattah neighborhood of Miami, Florida. The property consists of two contiguous lots, located at 4120 and 4130 NW 17th Avenue, and is zoned T5-O, offering significant mixed-use redevelopment potential. The combined parcels boast prime frontage on NW 17th Avenue, providing excellent visibility and accessibility. Its strategic location places it within close proximity to Miami International Airport, facilitating convenient access to major transportation arteries. Furthermore, the property enjoys a highly desirable location near the University of Miami/Jackson Memorial Medical Center, the Design District, Wynwood, Downtown Miami, Miami Springs, and Little Havana. This presents a unique chance to capitalize on the area's rapid growth and increasing demand for commercial and residential development. The asking price for this bulk sale is $690,000, and both lots must be purchased together. The property's APN is 0131220350280. Don't miss this chance to acquire a significant development site in one of Miami's most dynamic neighborhoods.

    Property Features for 4120 17Th Ave

    General Information

    Property type
    Land

    HighLights

    • 9,086 SF land assemblage in Allapattah, Miami.
    • Prime NW 17th Avenue frontage.
    • Two contiguous lots, T5‑O zoning.
    • Close proximity to Miami International Airport and major highways.
    • $690,000 asking price (both lots must be purchased together).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.224060883645
    Latitude
    25.813702483006

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    FAQs

    What type of property is this?
    Land - Prime Miami location, development potential.
    Where is this land located?
    The property is located at 4120 17Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: 9,086 SF land assemblage in Allapattah, Miami.; Prime NW 17th Avenue frontage.; Two contiguous lots, T5-O zoning.
    Request Owner's contact information
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    Miami, FL 33142
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    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
    4120 17Th Ave Miami, FL 33142
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