4901-4923 17Th Ave Miami, FL 33142
This exceptional investment opportunity presents two contiguous parcels totaling 15,150 square feet in Miami's rapidly developing Model City/Liberty City area. The property boasts a highly desirable T5-O (Urban Center) zoning designation, allowing for high-density mixed-use development. Plans could include up to 65 residential units per acre, with potential for even greater density through SB 102, along with commercial and retail components. The corner lot offers prominent exposure with direct frontage on NW 17th Ave, providing excellent visibility. Situated in a no-flood zone (X), this elevated site presents a low-risk development opportunity. Its strategic location offers convenient access to major highways and public transit, placing it within minutes of Wynwood, Allapattah, and Little Haiti. This prime location, combined with the flexible zoning and high-density potential, makes this an ideal site for multifamily, retail, or mixed-use development projects. The asking price is $997,000.
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
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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.