2201 NW 17th Ave - Residential LAND FOR SALE


Miami, FL 33142- Allapattah39,640 SF
$18,750,000 USD
305-401-6224
2201 NW 17th Ave, Miami, FL for Sale
$18,750,000 USD
Residential LAND - FOR SALE
1/8
39,640 SF

2201 NW 17th Ave
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Corner lot with 117 feet of frontage on NW 17th Avenue and 371 feet on NW 22nd Street offering functional site layout.
  • Located within Allapattah CRA and multiple incentive zones, including Opportunity Zone and Enterprise Zone.
  • TOD designation reduces parking requirements and optimizes cost efficiency for high-rise construction.
  • Height feasibility reinforced by nearby 29-story towers, supporting vertical development potential.
  • Immediate adjacency to demand generators such as Health District, Airport, and industrial corridors.
  • Seller leaseback option simplifies acquisition strategy and accelerates entitlement timeline.

OVERVIEW

This 0.91-acre corner lot at 2201 NW 17th Avenue, positioned in Miami’s Allapattah corridor, offers an extraordinary multifamily redevelopment opportunity under Florida’s Live Local Act. Located just 0.5 miles from the Santa Clara Metrorail Station, the property qualifies for Transit-Oriented Development (TOD) incentives, including significant parking reductions that lower construction costs and maximize design efficiency. Within 1 mile of the 29-story Lan Tower at River Landing, the site benefits from an established height precedent, and entitlement frameworks allow for approximately 350 dwelling units by right or up to roughly 480 units through enhanced zoning provisions. This parcel sits within a robust network of economic drivers such as Jackson Health District, Miami International Airport, PortMiami, and Downtown Miami. Its connectivity to NW 17th Avenue and NW 22nd Street strengthens site access and staging, while ongoing CRA and private investment projects continue to elevate the area’s residential density trajectory. Incentive-rich positioning, corner visibility, and proximity to major employment hubs create exceptional upside for developers seeking large-scale residential projects in a high-demand urban market. A seller leaseback option for up to 12 months is available at nominal cost, granting immediate site control while entitlements are finalized.

FOR SALE DETAILS

PRICE

$18,750,000 USD

PRICE/ACRE

$20,604,396/AC

PRICE/SF

$473 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

29 Story Live Local Act site Miami Allapattah

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.91 AC

LAND SF

39,640 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Telephone

ZONING

I, Miami

APN/PARCEL ID

01-3126-045-0200

ASK ABOUT THIS PROPERTY

Victor AntunezRealty One Group EvolutionMore Info
305-401-6224

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

Victor AntunezRealty One Group EvolutionMore Info
305-401-6224

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