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$ 3,850,000
Est. payment /mo
Active
1675 NW 2nd St Miami, FL 33125
0.49 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lawrence Estate Land Co
MLS Listing ID A11981426
HOA Y/N No
Tax Year 2025
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 150x143
Property Description
Exceptional 21,439 SF assemblage on NW 17th AV in West Little Havana, adjacent to the iconic Loan Depot Stadium, offering prime T5-L zoning and major development upside under the Live Local Act (SB102/SB136), allowing for over 150 units and up to 24– stories with no FLR cap. The site includes residential income buildings and a vacant building—a Duplex from 1981, a 2-unit 3-bed/2-bath and 2/1, another Duplex with both units 2/1, a single family home and a triplex with plans approved for renovation—all currently rented below market. Located just five minutes from Brickell and Downtown, this high- visibility corridor draws over 3 million tourists annually and is surrounded by top local hotspots like Ball & Chain, Torreros Bonfire, and more. With 17th Avenue frontage, strong transit access, and rising demand for retail and residential, the site sits at the heart of Miami's most vibrant and rapidly evolving neighborhood.
Property Addresses: 1651 & 1675 NW 2 St, 221 & 227 NW 17 Ave, Miami, FL
Total Land Area: ±21,439 SF (±0.49 acres)
Zoning: T5-L (up to 65 units/acre)
Live Local Eligibility: Yes – Florida SB 102 incentives
Combined Asking Price: $3,850,000
Developer Advantages
1. Accelerated Entitlement – SB 102 overrides local zoning and reduces approval time.
2. Density & Flexibility – Build up to 1000 units/acre, including workforce housing.
3. Immediate Income + Upside – Current rentals provide cash flow while preparing for redevelopment.
Property Addresses: 1651 & 1675 NW 2 St, 221 & 227 NW 17 Ave, Miami, FL
Total Land Area: ±21,439 SF (±0.49 acres)
Zoning: T5-L (up to 65 units/acre)
Live Local Eligibility: Yes – Florida SB 102 incentives
Combined Asking Price: $3,850,000
Developer Advantages
1. Accelerated Entitlement – SB 102 overrides local zoning and reduces approval time.
2. Density & Flexibility – Build up to 1000 units/acre, including workforce housing.
3. Immediate Income + Upside – Current rentals provide cash flow while preparing for redevelopment.
Location
State FL
County Miami-dade
Community Lawrence Estate Land Co
Area 41
Exterior
Utilities Available Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-02-005-8450
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11981426
Listed by Fausto Commercial Realty Consultants Inc
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