2610 NW 23rd Avenue, Miami, FL 33142

$1,250,000
5,327
SqFt

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List Price
$1,250,000
Status
ACTIVE
Days on Market
226
MLS#
A11956823
Subtype
Residential Income
Year Built
1926
Living Area
5,327
Subdivision
Westhaven
MLS Area Major
2310

Property Description

Attention investors and developers! Rare opportunity to acquire two contiguous lots totaling 11,040 square feet in the heart of Allapattah, one of Miami's fastest-growing neighborhoods—portfolio sale includes adjacent land parcelA11959678 (separate folio) Zoned T4-R and strategically positioned on the NW 27th Avenue corridor, immediately west of the vibrant Wynwood Arts District. The property features an income-producing 5-unit multifamily building with four 1-bedroom/1-bath units plus one spacious 4-bedroom/3-bath unit, all with individual utility meters for water, electricity, and gas to maximize cash flow efficiency. Located in a high-traffic commercial corridor with exceptional growth potential and superior connectivity—just minutes from Wynwood, the Health District, Downtown Miami, and major employment centers, with quick access to SR-836, I-95, and the Airport Expressway. Prime redevelopment opportunity: hold and collect income or capitalize on T4-R zoning for value-add development while the included adjacent lot provides immediate expansion possibilities. Outstanding investment in one of Miami's most rapidly appreciating submarkets.

Additional Information

Taxes
$12,993
Flooring
Tile
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
Block
Stories
2
Roof
Other
Elementary School
Maya Angelou
Middle School
Brownsville
High School
Miami Northwestern

Listing courtesy of Julies Realty, LLC. Contact:

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Agent: Yilena Mendoza | Email: Info@yilenamendoza.com