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Mixed-Use Land for Sale in Miami, Florida

1224 NW 59, Miami, FL 33142

$535,000
0.12 acres
Active sale
ago
Est $3,903/mo

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.

Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.

Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.

An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Location

Street address
1224 NW 59
Community
Orchard Villa Extension
Elevation
36 feet
Coordinates
25.8295, -80.2172

Property details

Lot size
0.122 acres5,314 sq ft
MLS #
MAOR A12017553
Posted

Property taxes

2025
$3,560

Parcels

  • 01-31-14-043-1240

Legal description

Resources

Details and features

Listing

Type
Commercial Sale

Structure

Water
Public

Listing history

DateEventPriceChangeSource
May 19, 2026New listing$535,000MAOR
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This 0.122-acre property is located at 1224 NW 59 in Miami, FL 33142. The property is available for sale for $535,000.

Listed by Miami Dream Properties, (305) 728-8800

Checked 1 hour agoUpdated Source

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