Exceptional redevelopment opportunity in the rapidly growing Allapattah submarket. This duplex-zoned property is being repositioned into a modern, income-producing residential asset with approved plans expected by the end of April, offering buyers a near shovel-ready project.The redevelopment features a thoughtfully designed front and rear structure configuration totaling approximately 3,800 square feet of living area. The front residence is planned as a spacious 4-bedroom, 2-1/2 bath unit, while the rear structure will be a newly constructed 3-bedroom, 2-bath unit, creating strong rental flexibility and long-term upside.The existing structure is fully gutted, and the project is designed to deliver a near new construction product, with all new systems, layouts, and finishes. Ideal for investors, builders, or end-users looking to create value in a high-demand rental corridor.Centrally located with easy access to Wynwood, Downtown Miami, Miami International Airport, and major transportation corridors. Strong rental demand and continued neighborhood growth make this a compelling opportunity.
| MLS # | A11999314 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 195 |
| Listing Provided By | List-A-House Realty, LLC | James Lloyd Migues |
| SQ Feet | 2,830 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | 5700 |
| Tax Annual Amount | 8311 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 2310 |
| Community Name | MELROSE HEIGHTS 3RD ADDN |
| Listing VS Median (in MELROSE HEIGHTS 3RD ADDN) | |
Price: $680,000 low | high Med: $437,500 sqft: 2,830 low | high Med: 934 $ / sqft: $240 low | high Med: $483 On site: 195 low | high Med: 91 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33142 |
| Area | 2310 |
| Community Name | MELROSE HEIGHTS 3RD ADDN |
| Listing VS Median (in MELROSE HEIGHTS 3RD ADDN) | |
Price: $680,000 low | high Med: $437,500 sqft: 2,830 low | high Med: 934 $ / sqft: $240 low | high Med: $483 On site: 195 low | high Med: 91 | |
![]() | $700,000Miami, FL 33142 |
![]() | $649,0002735 Nw 27th StreetMiami, FL 33142 |