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Property profile & analytics
OFF-MARKET
Specialty properties

000 127Th St North Miami, FL 33161

Built 2024
Property ID
Property summary
AI-generated overview

Introducing a remarkable development opportunity in North Miami, Florida. This exceptional 6,600 square foot vacant lot, located at 000 127th Street, 33161, presents a unique chance to build a high-density project. The property boasts C-3 Mixed Use zoning, allowing for the construction of a building up to nine stories (90 feet) high, with the potential for up to 14 units. Beneficial setbacks include 15 feet for primary and secondary areas, and 10 feet for the side. The C-3 zoning designation supports a high density of up to 100 units per acre, maximizing development potential. Convenient sewer access is already in place, simplifying the development process. This property is ideally suited for a variety of projects, including multifamily complexes, mixed-use developments, or commercial office spaces. Built in 2024, this level lot offers a blank canvas for your vision, providing a strong foundation for a lucrative investment in a thriving North Miami location within Miami-Dade County. The asking price for this exceptional opportunity is $500,000.

Property profile
Verified
Property type Specialty properties
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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