4501 NW 33rd Ave Miami FL 33142 Residential Land Portfolio

Rare 29,445 sqft residential land with three legal properties in Miami's Opportunity Zone, offering strong income and development potential.
$1,900,000

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Florida Local Time --:--
MLS #A11851977
Listing Updated: 2026-07-17 06:41:03
Listed By: Campos Commercial Real Estate LLC

Overview

This unique 29,445 sqft residential lot located at 4501 NW 33rd Ave in Miami offers a rare portfolio of three legal properties under one folio. The portfolio includes a 5-bedroom, 4-bathroom home currently rented for $4,000 per month, a 3-bedroom, 2-bathroom home ready for full renovation, and a 2-bedroom, 1-bathroom home rented for $1,500 per month. Situated in a designated Opportunity Zone, this property presents significant tax advantages and is ideal for investors and developers seeking both immediate cash flow and future development upside in a growing Miami market.

Property Highlights

29,445 sqft residential lot; Three legal properties; 5BD/4BA rented $4,000/month; 3BD/2BA vacant for rehab; 2BD/1BA rented $1,500/month; Located in Opportunity Zone; Strong income and development potential.

Property Details

City: Miami
State: FL
Zip Code: 33142
Address: 4501 NW 33rd Ave, Miami FL 33142
Year Built:
Property Type: Land/Boat Docks
Property Sub Type: Residential
Listing Office Name: Campos Commercial Real Estate LLC
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $9,006
Days On Market: 306 Days
Rare Opportunity! Spacious 29,445 SF residential lot just blocks from Hialeah, featuring a portfolio of three legal properties under one folio.5BD/4BA – Currently rented for $4,000/month3BD/2BA – Vacant and ready for full rehab2BD/1BA – Currently rented for $1,500/monthStrong income-producing asset with tremendous development potential — a true covered land play in a rapidly growing market. Situated in a designated Opportunity Zone, offering significant tax advantages. Perfect for investors and developers looking to maximize upside while generating cash flow today.

Property Location

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

4501 NW 33rd Ave, Miami FL 33142

About This Neighborhood

Located near Hialeah in Miami, this area benefits from a mix of residential and commercial growth. The neighborhood offers convenient access to major transportation routes and is close to shopping centers, dining options, and community amenities. Its proximity to Miami’s urban core and expanding suburban areas makes it attractive for residents and developers alike, contributing to a dynamic and evolving community environment.

Walkability & Lifestyle

This location offers reasonable walkability with nearby shopping, dining, and essential services accessible within a short drive. While primarily residential, the area is close to parks and recreational spaces, providing opportunities for outdoor activities. Access to major roads ensures convenient travel throughout Miami, supporting a balanced lifestyle for residents.

Things To Do Nearby

Residents and visitors can enjoy a variety of activities nearby, including dining at local restaurants, visiting parks, and exploring cultural attractions in Miami. The proximity to waterfront areas and marinas offers boating and water sports opportunities. Entertainment venues and shopping centers are also within reach, making the location suitable for diverse lifestyles.

Nearby Schools

The surrounding Miami area offers access to a variety of public and private schools, providing educational options for families. Proximity to schools enhances the property's appeal for renters and future residents. The neighborhood’s educational infrastructure supports community stability and convenience, contributing positively to the residential environment.

Why Buyers Like This Area

Buyers appreciate this property for its unique combination of income-producing homes and land with development potential in a designated Opportunity Zone. The location near Hialeah and Miami offers access to urban amenities while benefiting from a growing market. Its versatility suits investors and developers looking for both immediate returns and long-term growth opportunities.

Investment Potential

This property offers a compelling opportunity for investors due to its location within a designated Opportunity Zone, which provides tax incentives that can enhance investment value. The existing rental income from two properties offers immediate cash flow, while the vacant home presents potential for renovation or redevelopment. Miami's growing market and demand for residential properties add to the appeal, making this portfolio suitable for those looking to balance income generation with long-term development prospects.

Rental Income Potential

The property currently generates rental income from two homes, with one rented at $4,000 per month and another at $1,500 per month. This steady cash flow supports the property's appeal to investors seeking income while planning future redevelopment. The location’s rental demand is supported by nearby employment centers and amenities, making these units attractive to tenants and providing a foundation for ongoing revenue.
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