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2616 NW 23rd Ave

Miami, FL 33142
Active

Property Description

Attention investors and developers! Prime land assembly: two contiguous lots totaling 11,040 SF (0.25 acres) in Allapattah's high-growth NW 27th Avenue corridor—portfolio includes adjacent parcel (separate folio) A 11956823. T4-R zoning, immediately west of Wynwood where land values are surging. Existing 5-unit building generates positive cash flow while you secure permits and plan your development—earn income during the approval process. Federally designated Opportunity Zone with superior access to SR-836, I-95, Wynwood, Health District, and Downtown Miami. Rare quarter-acre development site with built-in rental income in Miami's fastest-appreciating submarket where institutional capital is aggressively acquiring land.

Property Details

Essential

  • StatusActive
  • Days On Site123
  • Days To Sale2026-02-05T00:00:00.000Z
  • MLS#A11959678
  • Property TypeCommercial Land
  • Lot Size5520.00 Square Feet
  • Tax Amount$2,698
  • Tax Year2025
  • HOANo
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026