Unimproved Land in 1234 NW 9th Avenue, Miami, FL 33136 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.
1234 NW 9th Avenue, Miami, FL 33136
- Price:
- $10,000,000.00
- Original List Price:
- $1,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $4,173.97
- List Price per Sq Ft (Calculated, Approx.):
- $416.67
- Gross Scheduled Income:
- 13500
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 30, 2026 6:23 pm
- Other Special Conditions:
- City Jurisdiction
- Lot Area:
- 24,000 Sqft
- Lot Size Dimensions and Info:
- 24000
- Lot Size Acres:
- 0.055
- Waterfront:
- No
- Current Use:
- Other
- Road Responsibility:
- Public Maintained Road
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $196,652.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- HIGHLAND PARK
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- 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):
- 0131350192230
- Zoning:
- 6106
- Elementary School:
- Paul Laurence Dunbar K-8
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Citrus Grove
- Active on the market since:
- January 24, 2026
- Listing Agreement executed on:
- January 24, 2026
- Price change occurred on:
- March 30, 2026 6:23 pm
- Listing Status Last Changed On:
- January 24, 2026 5:00 am
- Photos updated on:
- June 14, 2026 10:03 am
- Last Modified:
- June 29, 2026 7:14 pm
- Courtesy of:
- Guillen
- Attribution:
- Not provided
- Street Name:
- 9th
- Street Number:
- 1234
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33136
- County:
- Miami-Dade
- Latitude:
- N25° 47' 10.6''
- Longitude:
- W81° 47' 22.7''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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