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    2994 46Th St Miami, FL 33142

    For Sale
    $680,000

    Four vacant lots, prime Miami location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents four contiguous vacant parcels totaling [Total acreage needs to be provided in the original data to complete this sentence] in the desirable Roosevelt Park neighborhood of Miami, Florida. Located at 2994 NW 46th St, Miami, FL 33142 (Miami-Dade County), this multi-parcel offering presents significant potential for development. The property is being sold as a portfolio, encompassing four individual parcels with the following parcel numbers: 30-3121-026-0450, 30-3121-026-0440, 30-3121-026-0430, and 30-3121-026-0420. The asking price for the entire portfolio is $680,000. Given its location in Miami, Florida, this property offers investors a chance to capitalize on the city's robust real estate market and strong growth potential. The vacant nature of the land allows for a wide range of development possibilities, subject to all applicable zoning regulations and permitting requirements. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. This is a unique opportunity to acquire a significant land holding in a prime Miami location. The coordinates for the property are 25.816191 latitude and -80.244421 longitude.

    Property Features for 2994 46Th St

    General Information

    Property type
    Specialty properties
    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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.244421
    Latitude
    25.816191

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    FAQs

    What type of property is this?
    Specialty property - Four vacant lots, prime Miami location.
    Where is this specialty property located?
    The property is located at 2994 46Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $680,000.
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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
    2994 46Th St Miami, FL 33142
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