22xx 83Rd Ter Miami, FL 33147
This exceptional commercial land parcel, located at 22xx NW 83 Terrace in Miami, Florida (33147), presents a unique investment opportunity. Priced at $225,000, this property is zoned for commercial use and offers significant development potential. Preliminary plans are in place for a mixed-use building comprising eight units: two commercial spaces and six residential studio units. The property's location in Miami-Dade County provides easy access to major transportation routes and a vibrant urban environment. The 25.8506033 latitude and -80.2336537 longitude coordinates pinpoint this strategically situated lot. This is an ideal opportunity for developers or investors seeking to capitalize on the growing demand for commercial and residential space in Miami's dynamic real estate market. The existing plans provide a solid foundation for a swift and efficient development process, minimizing pre-construction delays. This turnkey opportunity allows for immediate action and a potentially high return on investment. Serious inquiries are encouraged to explore this promising venture further. The property is classified as commercial land and is ready for immediate development. This is a rare chance to acquire a well-positioned lot in a thriving area of Miami.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.