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567 NE 150th St, Miami FL 33161

Lots/Land For Sale
$427,770

BTC: 6.68390625

ETH: 224.82971030

35 days
0 room(s)

Overview

Exceptional opportunity for investors, developers, and builders to acquire a 13,200 SF (0.30-acre) development site in a highly desirable location. This vacant parcel offers significant upside potential with current zoning allowing for the development of up to 4 residential units, making it an attractive investment for those seeking to capitalize on the area's continued growth and demand. Strategically located in a strong market, this property benefits from excellent accessibility, visibility, and proximity to major transportation corridors, shopping, dining, employment centers, and residential communities. The property's current land use is Commercial, with a primary zoning designation permitting Multifamily Residential Development (4 Units). Experienced developers may wish to explore additional development possibilities, density enhancements, zoning modifications, or variance opportunities, subject to municipal approvals. Buyers should consult with their architect, engineer, land-use attorney, and general contractor to verify all development options and maximize the property's potential. Whether you are looking to build multifamily residences, secure a land bank investment, or pursue a value-add development strategy, this property offers a compelling combination of location, flexibility, and long-term appreciation potential. Highlights: 13,200 SF (0.30 Acres) of vacant land Multifamily zoning allowing 4 residential units Commercial land use designation

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$489,900
$411K – $2.6M
Confidence Low
List vs. estimate
$62K below estimate
List $427,770 · -12.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $520K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,877
2025
All facts and features
  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 30-22-19-000-0311

    • Zoning: 3100

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $4,877

  • Source details

    • MLS ID: A12033905

    Other facts

    • Lot Features: Other

    • Direction Faces: South

    • Other Structures: None

    • Subdivision Name: POVOA GARDENS SEC 1

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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: The Keyes Company