Description of this home

1234 NW 9 Ave presents a rare opportunity to acquire a 9,000 SF development site in the heart of Miami’s urban core, zoned T-6-8-L under Miami 21. The property currently features an existing triplex operated as a rooming configuration, generating approximately $8,000 per month in income, providing immediate cash flow while redevelopment plans are pursued. The T-6-8-L zoning allows for high-density, mixed-use development, making this an ideal acquisition for investors and developers seeking to capitalize on Miami’s continued growth and demand for workforce and attainable housing. The lot size and zoning provide strong upside potential for multifamily, co-living, or vertical development concepts, subject to city approvals. This property is part of a larger portfolio offering. Notably, three adjacent parcels 914 NW 12 St, 1180 NW 11 Street Rd, and 1158 NW 11 Street Rd total approximately 24,000 SF and can be sold together as a separate assemblage, offering flexibility for buyers seeking a standalone development site. The remaining parcels include 741 NW 10 St (zoned T-6-8-O) and the subject property at 1234 NW 9 Ave. The full portfolio is offered at $10,000,000, presenting a unique opportunity to control scale in a rapidly evolving neighborhood near major transit, employment centers, and ongoing redevelopment. Ideal for investors seeking both in-place income and long-term development upside.

Property Details for this home

Pool Private

No

Building Information for this home

Building Name

HIGHLAND PARK

Building Area Units

Square Feet

Association

No

Property Information for this home

Lot Features

Central Business District, Other Location, Urban Area Development, Less Than 1 Acre

Lot Size Square Feet

9,000

Waterfront

No

Frontage Length

50

View

No

Sewer

Other

Water Source

Other

New Construction

No

Public Records for this home

Parcel Number

01-31-35-019-2230

Tax Annual Amount

$12,338

Tax Year

2,025

Tax Legal Description

HIGHLAND PARK PB 2-13 LOTS 3 & 4 BLK 15 LOT SIZE 50.000 X 180 OR 16875-0524/0572 0895 1

Zoning

6106

County Or Parish

Miami-Dade County

Location