$740,000

Prime development opportunity in Miami's rapidly growing Allapattah neighborhood. This 6,720 SF vacant lot is zoned T5-O, allowing a variety of residential and commercial uses, including multifamily, office, retail, lodging, and mixed-use development.Current zoning permits up to 10 residential units as of right, with the potential for increased density through qualifying workforce or attainable housing programs, including Florida's Live Local Act, subject to applicable requirements and approvals.Located within an Opportunity Zone and near the Miami Health District, the property benefits from strong economic drivers, ongoing redevelopment, and excellent connectivity. The surrounding area features new developments, cultural attractions, restaurants, galleries, and creative spaces contributing to Allapattah's continued growth.The site is also near the newly established Allapattah CRA, supporting future investment in infrastructure, affordable housing, and local business development. An excellent opportunity for developers and investors seeking a well-located site in one of Miami's most active emerging markets.