Property 1234 NW 9th Ave Miami for sale with MLS# A11991641

This offering presents a rare opportunity to acquire a 5-parcel income-producing portfolio in Miami's 33136 corridor, with both current cash flow and future redevelopment potential. The portfolio includes five parcels, with a known in-place rent roll of approximately $13,500 per month, and a pro forma projection of roughly $28,000 per month, highlighting meaningful upside through lease-up, repositioning, and redevelopment. The three-parcel assemblage totals approximately 24,000 square feet, or 0.55 acres, and is positioned for significant density potential, with an estimated 82 units as-of-right and a theoretical Live Local capacity of up to 550 units, subject to buyer verification. The zoning mix includes primarily T6-8-L, with one parcel identified as T6-8-O, creating flexibility for a buyer seeking a covered land play with income during the planning phase. Located within TOD and RTZ areas, this portfolio benefits from strong urban infill fundamentals in one of Miami's most active growth corridors. For an investor or developer, this is not just a stabilized income opportunity, but a strategic assemblage with scale, location, and long-term redevelopment leverage.

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1234 NW 9th Ave, Miami, FL 33136

Price
Price:
$10,000,000.00
Previous Asking Price:
$1,000,000.00
Original List Price:
$1,000,000.00
Business Info
Gross Scheduled Income:
13500
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
MLS Number:
A11991641
Description of Last Important Update:
Price Change
Last Major Update on:
March 30, 2026 1:23 pm
Measures
Lot Area:
24,000 Sqft
Lot Size Dimensions and Info:
120x200
Lot Size Unit:
Square Feet
Lot Size Acres:
0.055
Property Features
Waterfront:
No
Current Use:
Other
Road Responsibility:
Public Maintained Road
Taxes and Expenses
Tax Annual Amount:
$196,652.00
Tax Year:
2025
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
HIGHLAND PARK
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HIGHLAND PARK PB 2-13 LOTS 3 & 4 BLK 15 LOT SIZE 50.000 X 180 OR 16875-0524/0572 0895 1
Real Estate Folio Number (Parcel Number):
01-31-35-019-2230
Zoning Description:
6106
Listing History
Originally published on:
March 30, 2026 1:22 pm
Active on the market since:
January 24, 2026
Price change occurred on:
March 30, 2026 1:23 pm
Listing Status Last Changed On:
March 30, 2026 1:22 pm
Photos updated on:
March 30, 2026 6:27 pm
Last Modified:
March 30, 2026 11:01 pm
Additional Information
Flood Zone:
AE
Municipal Code:
1
Subdivision Number:
19
Courtesy of:
Guillen
Attribution:
Not provided
Location
Street Name:
9th Ave
Street Number:
1234
City:
Miami
State:
Florida
Zip Code:
33136
County:
Miami-Dade
Latitude:
N25° 47' 10.6''
Longitude:
W81° 47' 23.1''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $43,481
Median Home Value $352,700
Median Rent $1,337/mo
Median Age 36
Population 16,611

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.