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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,362 sqft
Price per Sqft $917
Subdivision Bay Vista Park
MLS Listing ID A12105223
HOA Y/N No
Year Built 1939
Annual Tax Amount $14,912
Tax Year 2025
Property Sub-Type Duplex
Property Description
An exceptional opportunity for developers, investors, and visionary buyers to secure a strategically positioned corner lot in Miami's highly desirable Buena Vista neighborhood. With land sales on the same block reaching approximately $1.1 million, this property presents compelling long-term investment and redevelopment potential.
Zoned T6-8-O (Urban Core – Open), the property offers flexible mixed-use development possibilities, including multifamily residential, commercial, office, hospitality, or a combination of uses, with a base zoning allowance of up to 8 stories, subject to city regulations and approvals.
What makes this opportunity especially attractive? Two existing rental cottages generate income while you plan your future development and pursue approvals. Enjoy the advantage of holding an income-producing asset today while positioning yourself for tomorrow's growth.
Whether you're a local developer, international investor, or long-term landholder, this corner property offers the opportunity to establish a foothold in one of Miami's sought-after urban neighborhoods.
Collect rent today. Develop tomorrow. Secure your place in Miami's future.
Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, development capacity, and approvals.
Location
State FL
County Miami-dade
Community Bay Vista Park
Area 31
Zoning 6100
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type CBS (Concrete Block Structure),Block
Others
Tax ID 01-31-24-002-1370
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
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