1225 NE 116th St - Commercial LAND FOR SALE


Miami, FL 33161- Biscayne Park42,641 SF
$2,550,000 USD
305-964-8614
1225 NE 116th St, Miami, FL for Sale
$2,550,000 USD
Commercial LAND - FOR SALE
1/6
42,641 SF

1225 NE 116th St
Miami, FL 33161
Biscayne Park


HIGHLIGHTS

  • Income-Producing Development Site (Duplex + Single-Family Home)
  • ±0.98 Acre (˜42,640 SF) Lot with Dual Frontage on NE 116th St & NE 115th St
  • Established Rezoning Path from RU-2 to MCD (Nearby Precedent)
  • Month-to-Month Income While Pursuing Entitlements
  • Strategic Biscayne Corridor Location

OVERVIEW

Located within an active redevelopment corridor of Unincorporated Miami-Dade, the property is adjacent to a parcel that has successfully completed a rezoning from RU-2 to MCD (Mixed-Use Corridor District). This nearby approval establishes a clear planning and entitlement precedent for similarly situated properties along the corridor. While this site has not yet undergone rezoning, its size, frontage, and location closely align with the approved neighboring parcel, offering buyers a defined framework for pursuing a comparable entitlement strategy, subject to all required county reviews and approvals. Potential Zoning Strategy (Subject to Approval): Target Zoning: Mixed-Use Corridor District (MCD) Conceptual Development Potential (Buyer to Verify): • Multifamily or mixed-use development • Height and intensity consistent with corridor standards • Density and use flexibility aligned with recent nearby approvals All zoning, density, height, and development assumptions are conceptual only and must be independently verified by the buyer through Miami-Dade County.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/ACRE

$2,604,958/AC

PRICE/SF

$60 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

0.98 Acre Development Site with Cash Flow

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Hold for Development

LAND ACRES

0.98 AC

LAND SF

42,641 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RU-2 to MCD

APN/PARCEL ID

30-2232-015-0410

ASK ABOUT THIS PROPERTY

Gerardo GonzalezCompass Florida - Bayshore DriveMore Info
305-964-8614

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Gerardo GonzalezCompass Florida - Bayshore DriveMore Info
305-964-8614

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.