2131 SW 4th St Miami FL 33135 - Land for 3 Townhomes

Vacant 4,200 sqft lot zoned T4-R in Miami for developing three luxury townhomes near Publix and Calle Ocho.
$699,000

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Florida Local Time --:--
MLS #A11840547
Listing Updated: 2026-07-13 18:35:22
Listed By: Douglas Elliman

Overview

This 4,200 sqft vacant lot at 2131 SW 4th St in Miami offers a unique development opportunity in a desirable residential zone (T4-R). Plans are approved for three luxury townhomes totaling 7,822 sqft of buildable area, with 5,266 sqft of air-conditioned sellable space. The design includes a ground-level flat with 4 bedrooms and 3 bathrooms plus a 762 sqft rooftop, and two two-story units each with 3 bedrooms, 3 bathrooms, and 422 sqft rooftop terraces with pergolas. Located just two blocks from Publix and four blocks from the vibrant Calle Ocho, this property is ideal for buyers or investors looking to build or customize new homes in a thriving Miami neighborhood.

Property Highlights

Vacant 4,200 sqft lot zoned T4-R; Planned 3 luxury townhomes; 7,822 sqft buildable area; 5,266 sqft sellable A/C space; Close to Publix and Calle Ocho; Rooftop terraces with pergolas; Flexible development options including JV, build-to-suit, or turnkey.

Property Details

City: Miami
State: FL
Zip Code: 33135
Address: 2131 SW 4th St, Miami FL 33135
Year Built:
Property Type: Land/Boat Docks
Property Sub Type: Residential
Listing Office Name: Douglas Elliman
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $7,011
Days On Market: 326 Days
Develop 3 lux units in Miami, FL. Plans for 7,822 SF of buildable w/ 5,266 SF of sellable SF under A/C in three (3) townhomes. Sell out between $700 and $860/SF. Units designed/planned consist of a ground level flat as a 4 bed & 3 bath w/ 762 SF Rooftop. On the 2nd level are two 2-story units each 3 bed & 3 baths w/ 422 SF rooftops each w/ pergolas. Vacant 4,200 SF Lot w/ 50 front-feet, Zoned T4-R. Two blocks to Publix & four blocks to Calle Ocho. Potential $4.4 mm sellout or rent them out for income. Seller open to 1) JV’s or developing post-closing for a buyer &/or investor; 2)Build to suit opportunity or lot + Construction package, pre design available, or 3) Turnkey construction option.

Property Location

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2131 SW 4th St, Miami FL 33135

About This Neighborhood

Situated in Miami’s vibrant 33135 area, this lot benefits from proximity to well-established residential neighborhoods and commercial corridors. The nearby Calle Ocho offers cultural attractions, dining, and entertainment, while Publix and other retail options provide daily conveniences. The neighborhood supports a balanced urban lifestyle with access to public transit and community amenities, making it attractive for families and professionals alike.

Walkability & Lifestyle

This property is located within walking distance to essential retail such as Publix, as well as cultural and dining experiences along Calle Ocho. The neighborhood offers a pedestrian-friendly environment with nearby parks, cafes, and entertainment venues. Residents can enjoy a balanced lifestyle with easy access to daily necessities and leisure activities without relying heavily on vehicles.

Things To Do Nearby

Nearby attractions include the lively Calle Ocho district with its restaurants, music venues, and cultural festivals. Residents can explore parks, waterfront areas, and recreational facilities within a short drive. Miami’s vibrant nightlife, boating opportunities, and golf courses are also accessible, providing a diverse range of activities for all interests.

Nearby Schools

The 33135 area provides access to a range of public and private educational institutions within reasonable distances. Families considering development or purchase in this neighborhood benefit from convenient school options, supporting a family-friendly environment. Proximity to schools enhances the appeal for buyers and renters prioritizing education accessibility.

Why Buyers Like This Area

Buyers appreciate this location for its blend of urban convenience and residential charm. The approved development plans offer a clear path to creating modern homes with desirable amenities like rooftop terraces. Proximity to shopping, dining, and cultural hotspots enhances lifestyle options. The flexible development approach appeals to those seeking customization or turnkey solutions in a sought-after Miami neighborhood.

Investment Potential

This property presents a solid development opportunity in Miami’s growing residential market. The approved plans for three luxury townhomes offer flexibility for buyers or investors to build high-demand housing. Its location near key amenities like Publix and Calle Ocho enhances tenant and buyer appeal. The zoning (T4-R) supports residential density, making it suitable for maximizing land use. Investors may consider joint ventures, build-to-suit projects, or turnkey construction options to tailor the development to market needs.

Rental Income Potential

The location near commercial hubs and popular streets like Calle Ocho supports steady rental demand. Townhomes with multiple bedrooms and rooftop amenities are attractive to tenants seeking quality living spaces in Miami. Seasonal demand and a diverse renter pool can contribute to consistent occupancy. While rental income can vary, properties developed here are positioned to appeal to both long-term renters and short-term residents.
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