1234 NW 9th Avenue, Miami, FL 33136

$10,000,000

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List Price
$10,000,000
Days on Market
187
MLS#
A11991641
Lot Size
24,000
Subtype
Unimproved Land
County
Miami-Dade
Subdivision
Highland Park

Property 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.

Additional Information

Restrict
CityRestrictions
Taxes
$196,652
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Acres
0.06
Elementary School
Paul Laurence Dunbar K-8
Middle School
Citrus Grove
High School
Booker T. Washington

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Listing courtesy of Guillen. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Yolymiler Diaz Guillen | Email: yoly@guillenre.com