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3621 NW 23rd Ave, Miami FL 33142

Lots/Land For Sale
$389,000

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ETH: 146.79245283

2 days
0 room(s)

Overview

DEVELOPMENT OPPORTUNITY IN CENTRAL MIAMI! Rare opportunity to acquire a 5,000+ Sq. Ft. lot in a centrally located area just minutes from Miami International Airport and a short drive to Brickell, Wynwood, and Downtown Miami. The property offers a canvas for investors, developers, or buyers looking to create a new residential project- There is an existing structure on site that is being used for a 5 bedroom short term rental business with significant annual profits as well as a separate 1 bedroom/1 bathroom guest house that providing additional living space. The property also features a spacious fenced lot with space to add a pool or extend the current structures. The homes driveway provides ample parking, plus additional street parking available. Just a short 10 minutes walk to metrorail station and 2 minutes walk to nearby bus stop- ideally located for commuters. Zoned Residential with Medium Retail designation, offering potential flexibility for residential, business, or retail use, subject to applicable zoning regulations and approvals. Located in an area where businesses operate from residential properties, creating an attractive opportunity for investors, owner-users, or developers. Property has existing city violations- very motivated seller and priced to sell!

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.12 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$344,500
$114K – $537K
Confidence Low
List vs. estimate
$44K above estimate
List $389,000 · +12.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
26 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $462K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,362
2025
All facts and features
  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 01-31-22-008-1500

    • Zoning: 6107

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $8,362

  • Source details

    • MLS ID: A12093046

    Other facts

    • Lot Features: City Location / Less Than 1/4 Acre Lot / Sidewalk / Street Lights

    • Direction Faces: West

    • Other Structures: None

    • Water Source: Municipal Water

    • Subdivision Name: GARDEN CITY

Private inquiry
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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: Modern World Realty