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ActiveThe Method
$2,199,999

676 & 119 SW 1st St, Miami FL 33130

Miami

Two contiguous parcels totaling 9,500 SF with T6-12-O zoning — one of the most permissive designations in Miami — sitting at the intersection of Brickell, Wynwood, and the Miami River District. After 106 days on market and a $100K price reduction, this is a motivated seller on a site that supports high-density mixed-use development, while the existing triplex and single-family home generate rental income as you move through entitlements. At $2.2M for this location and zoning, the land cost per buildable unit math is hard to argue with.

Type
Land/Boat Docks
Days on market
106 days
About this property

Unmatched development opportunity minutes from Brickell. Two contiguous parcels totaling 9,500 SF with T6-12-O zoning, allowing for high-density mixed-use residential or commercial development. Located in one of Miami’s fastest-growing corridors, just minutes from Brickell, Wynwood, and the Miami River District. Currently configured as a triplex plus a detached single-family home, providing interim rental income while plans and permits are secured. Surrounded by new developments and thriving businesses, this is a rare opportunity to acquire prime land with exceptional upside. The properties may be sold individually or together as a premier assemblage ready for transformation. Please confirm once the listing has been uploaded or advise if any additional documentation is required. I can provide photos, zoning confirmations, surveys, or marketing materials immediately.

Why this is an opportunity
Originally $2,299,999 · now $2,199,999 ↓ 4%
  • Price cut 4%, $100,000 off the original ask
  • 106 days on market, a motivated seller open to offers
Location
MLS# A11985405 · Listed by Ander Egurrola
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