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Property profile

6928 NW 17Th Ave Miami, FL 33147

FOR SALE
Specialty properties
Property ID
US18-4530118
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional opportunity presents a vacant corner lot in Miami, Florida, at 6928 NW 17th Ave, 33147, within Miami-Dade County. Priced at $385,000, this special purpose property is ideally situated near major highways, providing easy access to transportation networks. Its proximity to a leading hospital and its location just five minutes from Miami International Airport adds significant value. Furthermore, the property's convenient location offers a short ten-minute commute to the vibrant artistic communities of Wynwood and the Design District. Approved plans and permits are already in place, allowing for the immediate construction of two luxurious two-story townhomes. All Dade County impact fees have been paid, eliminating a significant hurdle in the development process. This ready-to-build lot represents a rare chance to capitalize on Miami's thriving real estate market and create a high-value development in a highly desirable area. The property's corner location offers excellent visibility and potential for increased marketability. This is a turnkey opportunity for developers seeking a fast-track project in a prime Miami location.

Property profile

Verified
Property type Specialty properties
UPID US18-4530118

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6928 NW 17Th Ave Miami, FL 33147
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
3 recorded transactions
2021
$115,000
2021
$108,000
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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