650 Beacom Blvd Miami, FL 33135
This exceptional 7,973 square foot development site, located in the heart of Miami's vibrant Little Havana neighborhood, presents a unique investment opportunity. Zoned T-5-L, the property boasts approved plans for a 23-unit hotel, allowing for immediate ground-breaking post-closing. Situated at 650 Beacom Blvd, this .183-acre lot offers unparalleled convenience, being just steps from Miami-Dade College and surrounded by several schools including BridgePrep Academy of InterAmerican and International Studies Charter School. Local amenities such as Sedano's Supermarket and CVS are within a short five-minute walk, along with a variety of restaurants. The property includes 6 parking spaces and consists of two parcels (APN: 01-41-03-037-0571 , 01-41-03-037-0570). This prime location, combined with the existing approvals, makes this a truly exceptional opportunity for a swift and profitable development project. The five-story building plans offer a significant return on investment in a rapidly growing area. This is a rare chance to acquire a fully permitted development site in a high-demand location, ready for immediate construction.
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.