For Sale
$7,500,000

2900 Miami AveMiami, FL 33129

Prime Miami location, approved for 17 units.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multi-folio sale presents a turnkey development opportunity in Miami, Florida. Located at 2900 S Miami Ave, Miami, FL 33129, this vacant land parcel offers an approved site plan for the construction of two single-family homes and fifteen villas, totaling seventeen units. The property encompasses a buildable area of up to 45,012 square feet. Currently, there is one income-producing home on the site, although the tenancy is month-to-month with no signed leases, and three additional houses slated for demolition. The asking price for this remarkable opportunity is $7,500,000. This gated urban community boasts frontage along North Miami Avenue and South Federal Highway, featuring established drainage systems and mature trees. The location is highly desirable, with strong demand for single-family homes, villas, and townhouses. Its proximity to Key Biscayne beaches, Coconut Grove, the Brickell Business District, Brickell City Centre Mall, and Bayside Marketplace adds significant value. This is a rare chance to acquire a fully entitled and buildable site in a prime Miami location, ready for immediate development. The property is situated in Miami-Dade County and offers unparalleled access to some of Miami's most sought-after destinations.

Highlights

  • $7,500,000 asking price.
  • Special purpose property in Miami, FL.
  • Approved site plan for two homes and fifteen villas.
  • Multi-folio sale of vacant land with one income-producing house (month-to-month tenancy).
  • Three existing houses slated for demolition.
  • 45,012 sq ft of buildable area.

Property Details for 2900 Miami Ave

Property type
Specialty properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.749842
Longitude
-80.207235
2900 Miami Ave, Miami, Florida

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2900 Miami Ave
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