Miami, FL 33161
$2,550,000
1 more
Presented By: This listing is courtesy of Compass Florida, LLC
Home Details
Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42,640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.
Presented By: This listing is courtesy of Compass Florida, LLC
Interior Features for
Bathrooms
Total Baths
General for
CityMiami
CountyMiami-Dade
Development StatusRaw Land
DirectionsGOOGLE MAPS
Facing DirectionSouth
Legal Description32 52 42 .976 AC BAYVIEW ACRES PB 34-88 LOT 12 BLK 3 LOT SIZE 42640 SQUARE FEET OR 21033-2149 01 2003 5
Listing TermsCash
Lot Size Square Feet42640
Lot Size UnitsSquare Feet
MLS Area22
PossessionClosing & Funding
PostalCityMiami
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeLand
Standard StatusActive
StatusActive
Subdivision NameBAYVIEW ACRES
Tax Annual Amount16882
Tax Year2025
Virtual TourClick here
Zoning Description5700
Exterior for
Covered Spaces
Lot Features<1 Acre
Lot Size Acres0.98
Lot Size Area42640
Number of Lots1
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Anabel Fuego
Realtor®
