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Land, Miami, FL

Fully leased six-unit multifamily opportunity totaling approximately 3,993 SF situated on a 13,275 SF lot with T6-8-O zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned T6-8-O, the site offers significant density flexibility with a conceptual redevelopment yield of up to +/-42 units (subject to approvals). Eligible for Live Local incentives, this property presents a rare covered-land play with income during the planning phase. Two-story building configuration. Folio: 01-3. Submarket: Paradise Park. Located within the Little Havana multifamily corridor, one of Miami's most consistently occupied rental markets with historically low vacancy. Property Overview: +/-3,993 SF existing improvements Two-story multifamily building Four (4) ...

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Source:First Street™

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Source: Miami REALTORS®, MLS# A11974896
Listing status: Active
Listing last updated: September 2, 2026 at 2:35 PM
Listing last checked: September 19, 2026 at 10:30 PM
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