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

    Miami, FL 33150

    Sponsored
    For Sale
    $2,500,000

    Prime Miami location, 0.5 acres, 40+ unit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Miami, Florida development opportunity encompasses three contiguous lots totaling 0.499 acres (approximately 21,756 square feet) on NW 81st Street, in the West Little River submarket. The property, identified by APN numbers 30-3111-006-0030, 30-3111-006-0040, and 30-3111-006-0050, is offered fee simple and zoned UC-MM 6164 (UC CENTER - MAIN STREET (MM) 12 MAX HT). Its prime location directly abuts NW 81st Street to the north, offering significant potential for ground-floor retail in conjunction with residential development. Preliminary plans exist for a five-story, 40-unit residential project

    Property Features for 0

    General Information

    Property type
    Specialty properties

    HighLights

    • Little River submarket location.
    • Frontage on State Road 934.
    • Approved plans for a 40‑unit multifamily development.
    • 0.5‑acre site on NW 81st Street, near NW 7th Ave and I‑95.
    • Parcel numbers: 30‑3111‑006‑0030, 30‑3111‑006‑0040, 30‑3111‑006‑0050.
    • 21,756 square foot lot in West Little River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.212442
    Latitude
    25.848809

    Nearby Similar for Sale

    • New
      $2,345,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's 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 2, Miami, FL 33161
      View Details
    • $1,275,000
      7,382 SF

      Miami Multifamily Value-Add Opportunity

      Two-building multifamily property with 13 units in Miami, Florida.
      1337 NW 77Th St, Miami, FL 33147
      View Details
    • $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
    • $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
    • New
      $1,100,000
      1,909 SF

      Miami Fourplex with Development Potential

      Four units with income and development potential in Miami.
      150 NE 59Th St, Miami, FL 33137
      View Details
    • $1,100,000
      0.13 Acres

      Miami Redevelopment Site with Income

      Redevelopment site with income-producing fourplex near future Tri-Rail station.
      150 NE 59Th St, Miami, FL 33137
      View Details
    • $1,275,000

      Miami Multifamily Value-Add Opportunity

      13-unit multifamily property in Miami, ideal for redevelopment or repositioning.
      1337 NW 77Th St, Miami, FL 33147
      View Details
    • $550,000

      Established Beauty and Aesthetics Studio

      Turnkey beauty and aesthetics studio in a high-traffic Miami location.
      5870 W Flagler St, Miami, FL 33144
      View Details
    • $3,800,000
      3,372 SF

      West Brickell Quadplex Investment Opportunity

      Income-producing quadplex near Brickell with development potential.
      364 SW 11Th St, Miami, FL 33130
      View Details

    FAQs

    What type of property is this?
    Specialty property - Prime Miami location, 0.5 acres, 40+ unit potential.
    Where is this specialty property located?
    The property is located at Miami, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Little River submarket location.; Frontage on State Road 934.; Approved plans for a 40-unit multifamily development.
    (305) 602-0360
    Request Owner's contact information
    Miami, FL 33150
    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.
    Miami, FL 33150
    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
    Miami, FL 33150
    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.