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1234 NW 9 Ave presents a rare opportunity to acquire a 9,000 SF development site in the heart of Miami’s urban core, zoned T-6-8-L under Miami 21. The property currently features an existing triplex operated as a rooming configuration, generating approximately $8,000 per month in income, providing immediate cash flow while redevelopment plans are pursued. The T-6-8-L zoning allows for high-density, mixed-use development, making this an ideal acquisition for investors and developers seeking to capitalize on Miami’s continued growth and demand for workforce and attainable housing. The lot size and zoning provide strong upside potential for multifamily, co-living, or vertical development concepts, subject to city approvals. This property is part of a larger portfolio offering. Notably, three adjacent parcels 914 NW 12 St, 1180 NW 11 Street Rd, and 1158 NW 11 Street Rd total approximately 24,000 SF and can be sold together as a separate assemblage, offering flexibility for buyers seeking a standalone development site. The remaining parcels include 741 NW 10 St (zoned T-6-8-O) and the subject property at 1234 NW 9 Ave. The full portfolio is offered at $10,000,000, presenting a unique opportunity to control scale in a rapidly evolving neighborhood near major transit, employment centers, and ongoing redevelopment. Ideal for investors seeking both in-place income and long-term development upside.
Listed by Yolymiler Diaz Guillen, Guillen

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on September 4, 2026

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