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$ 2,550,000
Est. payment /mo
Active
Address not disclosed Miami, FL 33161
0.98 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Bayview Acres
MLS Listing ID A11930972
HOA Y/N No
Annual Tax Amount $16,882
Tax Year 2025
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type Residential
Property Description
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.
Location
State FL
County Miami-dade
Community Bayview Acres
Area 22
Direction GOOGLE MAPS
Exterior
Street Surface Paved
Private Pool Yes
Building
Lot Description <1 Acre
Faces South
Others
Tax ID 30-22-32-015-0410
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11930972
Listed by Compass Florida, LLC