Description
This offering presents a rare opportunity to acquire a 5-parcel income-producing portfolio in Miami's 33136 corridor, with both current cash flow and future redevelopment potential. The portfolio includes five parcels, with a known in-place rent roll of approximately $13,500 per month, and a pro forma projection of roughly $28,000 per month, highlighting meaningful upside through lease-up, repositioning, and redevelopment. The three-parcel assemblage totals approximately 24,000 square feet, or 0.55 acres, and is positioned for significant density potential, with an estimated 82 units as-of-right and a theoretical Live Local capacity of up to 550 units, subject to buyer verification. The zoning mix includes primarily T6-8-L, with one parcel identified as T6-8-O, creating flexibility for a buyer seeking a covered land play with income during the planning phase. Located within TOD and RTZ areas, this portfolio benefits from strong urban infill fundamentals in one of Miami's most active growth corridors. For an investor or developer, this is not just a stabilized income opportunity, but a strategic assemblage with scale, location, and long-term redevelopment leverage.
Details
| MLS # | A11991641 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 210 |
| Listing Provided By | Guillen | Yolymiler Diaz Guillen |
Features
| Zoning | 6106 |
|---|---|
| Acreage | 0.06 |
Exterior
| Lot Features | Central Business District, Corner Lot, City Lot |
|---|
Taxes
| Tax Annual Amount | 196652 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33136 |
| Area | 2310 |
| Community Name | HIGHLAND PARK |
| Listing VS Median (in HIGHLAND PARK) | |
Price: $10,000,000 low | high Med: $1,700 On site: 210 low | high Med: 14 | |
Market Activity 33136
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33136 |
| Area | 2310 |
| Community Name | HIGHLAND PARK |
| Listing VS Median (in HIGHLAND PARK) | |
Price: $10,000,000 low | high Med: $1,700 On site: 210 low | high Med: 14 | |