HIBISCUS TERRACE
102 NW 27TH AVE, Miami FL 33125
$1,299,000
Est. Payment $6,914/mo
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
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
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).
| 10/31/2025 | Sold | $1,299,000 |
| 8/14/2025 | Listed 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
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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