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$680,000
Miami, FL 33142
Estimated payment $4,013/month
HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-04-11T00:00:00.000Z | Listed for sale | $680,000$240/sqft |
James Lloyd Migues
List-A-House Realty, LLC
Brokerage Phone: 754-799-7545
Source: Beaches MLS · MLS #A11999314
Data Powered by Home Junction, Inc.
MELROSE ELEMENTARY SCHOOL
Elementary · 0.1 mi
SOUTH FLORIDA YOUTH ACADEMY
0.2 mi
MATER INTERNATIONAL ACADEMY
Elementary · 0.4 mi
Gourmet Resource
0.5 mi
La Nueva Estrella
0.6 mi
Mr Tango Sausages
0.8 mi
FRESH EXPRESS
0.2 mi
Nacha Cafeteria
0.4 mi
New Peace Enterprise
0.4 mi
Melrose Park
0.1 mi
Glenwood Park
0.6 mi
Miami River Rapids Mini Park
0.9 mi
Hobie Island Beach
5.2 mi
Hobie Island Beach Park
6.0 mi
14th Street Beach
7.4 mi
Nearby amenity locations include data © OpenStreetMap contributors.