WESTHAVEN
2616 NW 23rd Ave, Miami FL 33142
$1,250,000
Est. Payment $6,653/mo
117
Days on Market
Description
Attention investors and developers! Prime land assembly: two contiguous lots totaling 11,040 SF (0.25 acres) in Allapattah's high-growth NW 27th Avenue corridor—portfolio includes adjacent parcel (separate folio) A 11956823. T4-R zoning, immediately west of Wynwood where land values are surging. Existing 5-unit building generates positive cash flow while you secure permits and plan your development—earn income during the approval process. Federally designated Opportunity Zone with superior access to SR-836, I-95, Wynwood, Health District, and Downtown Miami. Rare quarter-acre development site with built-in rental income in Miami's fastest-appreciating submarket where institutional capital is aggressively acquiring land.
Facts
- MLS#
- A11959678
- Subdivision
- WESTHAVEN
- Property Type
- Commercial Land
- Property Sub Type
- —
- Year Built
- —
- Lot Size
- 5,532 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 117 days
- Listed
- Feb 5, 2026
- Last Updated
- Feb 6, 2026
- Price/Lot Sq.Ft.
- $226/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
June 2026
40
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).
| 2/5/2026 | Listed for sale | $1,250,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Second Home Learning CenterKG · private · 0.2 mi
Second Home Day CarePK,KG · private · 0.2 mi
Childrens Enrichment CenterUG · private · 0.2 mi
Miami Springs Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
Kid's CollegePK,1 · private · 0.3 mi
Isaac: Integrated Science And Asian Culture AcademyKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
South Florida Child Development Center2,3,4,5,6,7,8,9 · private · 0.4 mi
Little Angel Academy 2KG,1,2 · private · 0.4 mi
Little Angel Academy 2PK,KG,1 · private · 0.4 mi
South Florida Child Development4,5,6,7,8 · private · 0.4 mi
Estimated Monthly Payment
$7,845/mo
Principal & Interest
$6,653
Property Tax
$1,042
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®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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