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530 NE 141st St, North Miami FL 33161

Commercial For Sale
$1,200,000

BTC: 18.75000000

ETH: 630.70260270

77 days
0 room(s)

Overview

PRIME DEVELOPMENT OPPORTUNITY IN VIBRANT NORTH MIAMI! This combined 0.55-acre parcel (folios 06-2219- 011-0650 and 06-2219-011-0660) is zoned R-5 (24,000 SqFt), allowing up to 23 residential units—9 by right and 14 with approval. The land is clear, making it an ideal canvas for your next project. Detailed architectural renderings for a proposed 23-unit building with 33 parking spaces are included, offering a valuable head start for visionary investors or developers. Please note, building permits have not yet been approved, so additional steps are required to bring this project to fruition. Located in the trendy and upcoming City of North Miami, this property is surrounded by exciting rental redevelopments and modern condominiums, reflecting the neighborhood's upward trajectory. The City of North Miami is strategically located near Aventura, borders Miami Shores, and is in close proximity to Hard Rock Dolphin Stadium, Opa Locka private airport, Bal Harbour, Miami Design District, Wynwood, Midtown, and Miami Beach, among others. Its prime location offers easy access to major highways, shopping destinations, dining hotspots, universities, and beaches, making it highly desirable for future residents. SELLER FINANCING AVAILABLE! Don't miss your chance to shape the next chapter of North Miami's dynamic growth story!

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.55 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,242,499
$679K – $10.1M
Confidence Low
List vs. estimate
$2.0M below estimate
List $1,200,000 · -63.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $222K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,500
2026
All facts and features
  • Lot

    • Lot: 0.55 Acres

    Other Property Information

    • Parcel Number: 06-22-19-011-0650

    • Zoning: 3700

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Sewer Connected

    • Sewer Available

  • Other financial information

    • Annual tax amount: $14,500

  • Source details

    • MLS ID: A12009064

    Other facts

    • Lot Features: City Location / Near Airport / Less Than 1 Acre / Oversized Lot

    • Water Source: Municipal Water

    • Lot Size Dimensions: 150x165

    • Subdivision Name: RUCKS PARK

Private inquiry
Talk to the advisor on this listing.
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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: Compass Florida, LLC