2900 Miami Ave Miami, FL 33129
This exceptional multi-folio sale presents a turnkey development opportunity in Miami, Florida. Located at 2900 S Miami Ave, Miami, FL 33129, this vacant land parcel offers an approved site plan for the construction of two single-family homes and fifteen villas, totaling seventeen units. The property encompasses a buildable area of up to 45,012 square feet. Currently, there is one income-producing home on the site, although the tenancy is month-to-month with no signed leases, and three additional houses slated for demolition. The asking price for this remarkable opportunity is $7,500,000. This gated urban community boasts frontage along North Miami Avenue and South Federal Highway, featuring established drainage systems and mature trees. The location is highly desirable, with strong demand for single-family homes, villas, and townhouses. Its proximity to Key Biscayne beaches, Coconut Grove, the Brickell Business District, Brickell City Centre Mall, and Bayside Marketplace adds significant value. This is a rare chance to acquire a fully entitled and buildable site in a prime Miami location, ready for immediate development. The property is situated in Miami-Dade County and offers unparalleled access to some of Miami's most sought-after destinations.
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AEI USA Architectural Designer
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
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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.