$1,250,000

For sale

2610 NW 23rd Ave, Miami FL 33142

5,327 sq ftBuilt 1926MLS# A11956823

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About this property

Attention investors and developers! Rare opportunity to acquire two contiguous lots totaling 11,040 square feet in the heart of Allapattah, one of Miami's fastest-growing neighborhoods—portfolio sale includes adjacent land parcel
A11959678 (separate folio) Zoned T4-R and strategically positioned on the NW 27th Avenue corridor, immediately west of the vibrant Wynwood Arts District. The property features an income-producing 5-unit multifamily building with four 1-bedroom/1-bath units plus one spacious 4-bedroom/3-bath unit, all with individual utility meters for water, electricity, and gas to maximize cash flow efficiency. Located in a high-traffic commercial corridor with exceptional growth potential and superior connectivity—just minutes from Wynwood, the Health District, Downtown Miami, and major employment centers, with quick access to SR-836, I-95, and the Airport Expressway. Prime redevelopment opportunity: hold and collect income or capitalize on T4-R zoning for value-add development while the included adjacent lot provides immediate expansion possibilities. Outstanding investment in one of Miami's most rapidly appreciating submarkets.

Property details

Property type
Multi-family
Year built
1926
Living area
5,327 sq ft
Price per sq ft
$235
Property taxes
$12,993/yr
Parking
6 spaces
Building / community
Westhaven
Status
For sale
MLS #
A11956823

Listing courtesy of Julies Realty, LLC.

Location

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