$1,250,000

2616 NW 23rd Ave, Miami FL, 33142

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed Feb 5, 2026

Updated 3 weeks ago

Attention investors and developers! Prime land assembly: two contiguous lots totaling 11,040 SF (0.25 acres) in Allapattah's high-growth NW 27th Avenue corridor—portfolio includes adjacent parcel (separate folio) A 11956823. T4-R zoning, immediately west of Wynwood where land values are surging. Existing 5-unit building generates positive cash flow while you secure permits and plan your development—earn income during the approval process. Federally designated Opportunity Zone with superior access to SR-836, I-95, Wynwood, Health District, and Downtown Miami. Rare quarter-acre development site with built-in rental income in Miami's fastest-appreciating submarket where institutional capital is aggressively acquiring land.

Additional information

MLS^® ID: A11959678

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $2,698
Tax Frequency: Annually

Broker Reciprocity Courtesy of Julies Realty, LLC

Data last updated:9/14/2026.

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