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1675 NW 2nd St, Miami FL 33125

Comercial Activo con contrato
$3,850,000

BTC: 60.53459119

ETH: 2,023.50418366

122 días
0 room(s)

Visión general

Exceptional 21,439 SF assemblage on NW 17th AV in West Little Havana, adjacent to the iconic Loan Depot Stadium, offering prime T5-L zoning and major development upside under the Live Local Act (SB102/SB136), allowing for over 150 units and up to 24– stories with no FLR cap. The site includes residential income buildings and a vacant building—a Duplex from 1981, a 2-unit 3-bed/2-bath and 2/1, another Duplex with both units 2/1, a single family home and a triplex with plans approved for renovation—all currently rented below market. Located just five minutes from Brickell and Downtown, this high- visibility corridor draws over 3 million tourists annually and is surrounded by top local hotspots like Ball & Chain, Torreros Bonfire, and more. With 17th Avenue frontage, strong transit access, and rising demand for retail and residential, the site sits at the heart of Miami’s most vibrant and rapidly evolving neighborhood. Property Addresses: 1651 & 1675 NW 2 St, 221 & 227 NW 17 Ave, Miami, FL Total Land Area: ±21,439 SF (±0.49 acres) Zoning: T5-L (up to 65 units/acre) Live Local Eligibility: Yes – Florida SB 102 incentives Combined Asking Price: $3,850,000 Developer Advantages 1. Accelerated Entitlement – SB 102 overrides local zoning and reduces approval time. 2. Density & Flexibility – Build up to 1000 units/acre, including workforce housing. 3. Immediate Income + Upside – Current rentals provide cash flow while preparing for redevelopment.

Ubicación

Detalles

Tipo:
Commercial Land
Estacionamiento:
Sin datos
Año de construcción:
Sin datos
Lote:
0.49 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,137,000
$450K – $4.2M
Confidence Low
List vs. estimate
$2.7M above estimate
List $3,850,000 · +238.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
52 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $650K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
Más hechos y características
  • Lote

    • Lote: 0.49 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 01-41-02-005-8450

    • Zonificación: T5-L

  • Tipo y estilo

    • Tipo de propiedad: Commercial Land

  • Utilidad

    • Other Utilities Available

    • Other

  • Detalles de la fuente

    • MLS ID: A11981426

    Otros hechos

    • Características del lote: City Location / Corner Lot / Urban Area Development / Less Than 1 Acre

    • Fuente de agua: Municipal Water

    • Tamaño de la parcela: 150x143

    • Nombre de subdivisión: LAWRENCE ESTATE LAND CO

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc