2741 49th St Miami, FL 33142-3554
This exceptional commercial property in Miami, Florida, presents a unique investment opportunity for developers and builders. Located at 2741 NW 49th St, Miami, FL 33142, in Miami-Dade County, this property boasts a substantial 19,905 square foot lot, ideally situated on a high-visibility corner. The existing commercial building, constructed of concrete block and stucco, requires repairs, offering a blank canvas for redevelopment. The zoning allows for the construction of a multi-unit building, with potential for up to 60 units and a height of up to six stories. This prime location offers easy access and high visibility, situated near the Metrorail station in a rapidly developing area experiencing a surge in new construction. The scarcity of large commercial lots in Miami-Dade County makes this an exceptional opportunity. The asking price of $1,300,000 represents a significant value proposition, considering the potential for substantial returns. This property is zoned for mixed-use development and is an absolute must-see for discerning investors seeking a high-impact project in a thriving market. The property is situated on 49th Street west of 27th Avenue.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
6100:COMMERCIAL,NEIGHBRHD · Miami, FLMiami. Always verify with local authorities before improvements.
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.