HIBISCUS TERRACE

102 NW 27TH AVE, Miami FL 33125

Closed

$1,299,000

Est. Payment $6,914/mo

MLS Sheet Video

45

Days on Market

Description

Located at 102 NW 27th Avenue, this vacant 8,500 SF lot offers a prime development opportunity in a high-traffic, rapidly growing Miami corridor. With zoning that allows for up to 29 residential units, the property is ideal for multifamily or mixed-use development. Its prominent location provides excellent visibility, strong traffic exposure, and easy access to major expressways, enhancing its appeal for both residents and commercial tenants. With no existing structures on site, the lot is clean and ready for immediate development—an outstanding opportunity for investors and developers seeking a land with significant long-term potential.

Facts

MLS#
A11858679
Subdivision
HIBISCUS TERRACE
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
8,276 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
45 days
Listed
Aug 14, 2025
Last Updated
Oct 31, 2025
Price/Lot Sq.Ft.
$157/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

47

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/31/2025Sold$1,299,000
8/14/2025Listed for sale$1,299,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$8,146/mo

Principal & Interest

$6,914

Property Tax

$1,083

Insurance

$150

HOA

$0

20% ($259,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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