About This Home

The offering includes two contiguous lots totaling approximately 34,000 SF or 0.77 acres zoned T6-8-O. That means you’re looking at a by-right development potential for up to 116 multifamily units. Here’s the value-add: the site currently generates approx. $250,000.00 in annual rental income from a mix of short-term tenants across residential and commercial structures. That provides a strong carry while pursuing entitlements or finalizing plans. Add to that the Live Local Act incentives — no parking required in TOD zones, increased FAR, density, and height — and this site offers significant development upside. Just 2.5 miles from Miami International Airport and minutes from Wynwood, Downtown, and the Health District, this location combines accessibility with strong long-term potential.

Building & Association

Building Name

MELROSE HEIGHTS 4TH SEC

Association

No

Lot & Construction

Lot Features

City Location, 1-2.5 Acres

Lot Size Square Feet

34,000

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

01-31-28-013-3450

Tax Annual Amount

$34,774

Tax Year

2,025

Zoning

6100

County Or Parish

Miami-Dade County

Location