Home » Properties » 3231 SW 23rd St, Miami FL 33145

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Commercial Land with Approved 12-Unit Project in Miami

Prime commercial land at 3231 SW 23rd St, Miami, with approved plans for a modern 12-unit building. Located near Brickell, Coral Gables, and Coconut Grove.

$2,500,000

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MLS #A11823059

Listing Updated: 2026-07-14 12:43:44

Listed By: Premier Global Brokers, LLC

Overview

This unique commercial land parcel in Miami’s vibrant 33145 ZIP code offers a rare development opportunity. Situated between the bustling Brickell financial district, the elegant Coral Gables neighborhood, and the artistic Coconut Grove, it provides convenient access to diverse urban lifestyles. The property comes with approved modern plans for a 12-unit residential building, making it ready for progressive construction. The seller is committed to delivering all approved final permits within 60 days, enabling a smooth transition to development. Its location ensures easy commutes and proximity to Miami’s key centers of commerce and culture.

Property Highlights

Approved plans for 12-unit building, prime Miami location near Brickell, Coral Gables, and Coconut Grove, permits provided in 60 days, promising development potential.

Property Details

City: Miami

State: FL

Zip Code: 33145

Address: 3231 SW 23rd St, Miami FL 33145

Year Built:

Property Type: Commercial Land

Property Sub Type:

Listing Office Name: Premier Global Brokers, LLC

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $19,388

Days On Market: 399 Days

Original Listing Description

UNIQUE LOT WITH RESIDENTIAL BUILDING PROJECT LOCATED IN THE HEART OF MIAMI! BETWEEN BRICKELL, CORAL GABLES AND COCONUT GROVE. APPROVED FOR A MODERN 12 UNIT BUILDING. SELLER WILL PROVIDE ALL SET OF PLANS APPROVED AND FINAL PERMITS IN 60 DAYS.

Property Location

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

3231 SW 23rd St, Miami FL 33145

About This Neighborhood

Located at the crossroads of Brickell, Coral Gables, and Coconut Grove, this Miami property places you in the center of dynamic urban living. Each nearby neighborhood offers distinctive amenities—from Brickell’s financial hub and nightlife to Coral Gables’ tree-lined streets and Coconut Grove’s bohemian vibe. This land parcel provides unmatched access to these diverse cultures, making it ideal for modern residential development tailored to those valuing both connectivity and community character in Miami’s vibrant environment.

Walkability & Lifestyle

This parcel benefits from a walkable environment with nearby shops, dining venues, and entertainment options just minutes away. Residents would enjoy easy strolls to local cafes, parks, and cultural spots in Coconut Grove or Coral Gables. The area’s connectivity by public transit and roadways enhances access throughout Miami without heavy reliance on cars. Future occupants can appreciate a balanced lifestyle blending urban convenience with green spaces and waterfront activities close at hand.

Things To Do Nearby

Miami’s eclectic lifestyle offers a wealth of activities near this location. With quick access to marinas, waterfront parks, and golf courses, outdoor enthusiasts find plenty to enjoy. Dining scenes ranging from upscale eateries in Brickell to bohemian cafes in Coconut Grove provide diverse culinary experiences. Cultural venues and nightlife hotspots further enrich local living, making this site an attractive base for those wishing to immerse themselves in Miami’s vibrant social and recreational scene.

Nearby Schools

Families considering the area will find convenient access to a range of educational options nearby. Miami’s diverse school system includes public and private institutions within a short commuting distance. The neighborhoods around 3231 SW 23rd St offer accessibility to schools with varied programs suited for children of different ages. This educational proximity adds to the residential appeal for developers targeting family-oriented buyers or renters who value schooling options close to home.

Why Buyers Like This Area

Buyers interested in this property appreciate its rare combination of location and readiness for development. Situated among Miami’s most desirable neighborhoods, the approved plans eliminate traditional permitting hurdles. This convenience allows for faster project initiation in an area known for its dynamic lifestyle amenities and economic opportunities. Buyers also value the ability to customize the planned residential building to meet current market demands while leveraging the site’s accessibility to key city centers.

Investment Potential

This commercial land offers a strategic development opportunity in a thriving Miami location. With approved plans for a 12-unit building, developers can capitalize on the growing demand for modern residential space in a well-connected area. Its proximity to major neighborhoods attracts renters and buyers seeking both convenience and lifestyle options. The quick access to permits further supports efficient project timelines. While income generation will depend on market conditions, the site’s location and approved plans set a strong foundation for interested developers and investors.

Market Trends

Miami’s real estate market, particularly in areas bridging Brickell, Coral Gables, and Coconut Grove, has seen steady interest from both residents and developers. Demand for multi-unit residential projects remains solid as the city continues to grow and attract new residents. Approved land parcels are increasingly valuable due to permitting challenges in the region. This property fits well within current trends prioritizing mixed-use urban neighborhoods that combine lifestyle amenities with accessibility, offering a development-ready asset in a sought-after location.

Rental Income Potential

The proximity of this site to prime Miami neighborhoods suggests strong rental appeal for future units. Seasonal demand driven by Miami’s climate and economic activity in surrounding business districts can support consistent occupancy. While actual rental rates depend on market variables, the location near Brickell, Coral Gables, and Coconut Grove typically attracts renters seeking quality residences close to work, dining, and recreation. Developers can consider this when planning unit layouts and marketing strategies to capitalize on the area’s desirability.