Home » Properties » 21150 SW 117 AVE, Miami FL 33177

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Prime Commercial Land for Multifamily Development in Miami

22,651 sqft vacant commercial land in Miami zoned for multifamily use, ideal for apartments, duplexes, or multiple units.

$999,999

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MLS #A11862771

Listing Updated: 2026-07-13 18:35:08

Listed By: Goldpen Realty Group

Overview

This exceptional 22,651 sqft commercial land parcel in Miami offers a rare opportunity for developers and investors. Zoned for multifamily construction, the site allows for a variety of building options including a large apartment complex, two duplexes, or up to four individual units. Situated in a central Miami location, the property benefits from proximity to major highways, shopping centers, dining, and entertainment venues. Its vacant status provides a blank slate for creative development tailored to market demands. This lot is well-positioned to meet the needs of those seeking to build residential communities in a thriving urban environment.

Property Highlights

22,651 sqft vacant land, Multifamily zoning, Central Miami location, Flexible development options, Close to amenities and highways.

Property Details

City: Miami

State: FL

Zip Code: 33177

Address: 21150 SW 117 AVE, Miami FL 33177

Year Built:

Property Type: Commercial Land

Property Sub Type:

Listing Office Name: Goldpen Realty Group

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $2,286

Days On Market: 289 Days

Original Listing Description

Exceptional development opportunity in the heart of Miami! This 22,651 sq. ft. vacant lot offers endless potential for investors and builders. Zoned to allow multifamily construction, you can build a striking apartment building, develop two duplexes, or even create up to four individual units. With its prime central location, this blank canvas is surrounded by thriving neighborhoods, major highways, shopping, dining, and entertainment. Whether you’re looking to maximize rental income or design a boutique community, this rare piece of land in the center of Miami is ready to bring your vision to life. Don’t miss this chance to secure a high-demand property in one of Miami’s most dynamic markets!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

21150 SW 117 AVE, Miami FL 33177

About This Neighborhood

Located in Miami's 33177 ZIP code, this land is surrounded by established neighborhoods that benefit from ongoing growth and revitalization. The area features a mix of residential and commercial properties, with easy access to major highways facilitating convenient commuting. Nearby shopping, dining, and entertainment options contribute to the neighborhood's appeal, making it a practical choice for multifamily housing developments aiming to attract diverse residents.

Walkability & Lifestyle

This property benefits from a location that supports walkability to local amenities such as shopping centers, restaurants, and entertainment venues. Proximity to major roads also facilitates easy travel throughout Miami. While primarily a development site, its surroundings offer convenient access to daily necessities and leisure activities.

Things To Do Nearby

Residents in this area can enjoy a variety of recreational options including nearby parks, dining establishments, and cultural venues. Miami’s waterfront areas and entertainment districts are within reach, providing ample opportunities for leisure and social activities. The location supports an active urban lifestyle with diverse options for residents.

Nearby Schools

The area around 21150 SW 117 AVE offers access to several educational institutions within reasonable distance. Families considering residency in a multifamily development here will find convenient schooling options nearby, contributing to the location's suitability for diverse household types.

Why Buyers Like This Area

Buyers and developers appreciate this land for its central Miami location, multifamily zoning, and development flexibility. The site’s proximity to essential amenities and transportation routes enhances its attractiveness for residential projects. Its vacant status allows for tailored design and construction to meet specific market demands, making it a practical choice for those looking to build in a dynamic urban setting.

Investment Potential

This commercial land parcel in Miami offers significant potential for developers interested in multifamily projects. Its zoning allows for flexible building options, including apartments and duplexes, which are in demand in Miami's growing housing market. The central location enhances appeal for tenants and buyers alike, supported by nearby amenities and transportation links. While all investments carry risk, this property provides a versatile foundation for a variety of residential developments that can adapt to market needs.

Market Trends

Miami's real estate market continues to show strong interest in multifamily developments due to increasing demand for rental housing. Inventory in central locations remains competitive, with investors seeking properties that offer flexibility and growth potential. This vacant lot's zoning and location align well with current market trends favoring urban living and accessible amenities, positioning it as a desirable site for new residential projects.

Rental Income Potential

Properties developed on this land have the potential to attract tenants seeking convenient access to Miami's urban core. The multifamily zoning supports a range of unit configurations, appealing to various renter profiles. Seasonal demand and Miami's vibrant economy can contribute to steady tenant interest, though rental income will depend on the final development and market conditions at the time of leasing.