2616 NW 23rd Ave, Miami, FL 33142
Local realty services provided by:First Service Realty ERA Powered
Listed by: yilena mendoza, milady naranjo
Office: julies realty, llc.
MLS#:A11959678
Source:SEFMLS
Price summary
- Price:$1,250,000
About this home
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.
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Home facts
- Listing ID #:A11959678
- Updated:March 31, 2026 at 09:53 AM
Structure and exterior
- Lot area:0.13 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,250,000
- Tax amount:$2,698 (2025)
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