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219 NE 141st St - 21 Townhouse/Apartment Site 21 Acres of Residential Land Offered at $799,000 in Miami, FL 33161
Investment Highlights
- ±21,000 SF Lot (Approx. 0.5 Acre) – Large site with substantial development footprint.
- Existing 3BD/1BA Home (1,445 SF) – Provides holding income or interim use prior to development.
- High-Demand Residential Corridor – Strong rental and resale fundamentals in a growing submarket.
- Redevelopment Potential for ~21 Units – Preliminary plans for townhomes and apartments maximize density.
- Prime Central Location – 15 mins to Downtown Miami, 10 mins to I-95, 12 mins to Miami International Airport, 14 mins to the beach.
Executive Summary
Rare opportunity to acquire a single-family property at 219 NE 141st St, Miami, FL 33161 with significant redevelopment potential. The site currently features an existing 4BD/2BA home with 1,445 SF of living area situated on an approx. 21,000 SF lot (about half an acre). Preliminary plans for approximately 21 units (townhomes and apartments) offer investors and developers the ability to maximize density and unlock substantial upside in a growing submarket. This presents an ideal opportunity for repositioning or ground-up development in a high-demand residential corridor. Strategically located 15 minutes from Downtown Miami, 10 minutes to I-95, 12 minutes to Miami International Airport, and 14 minutes to the beach, providing excellent accessibility and strong long-term development appeal.
Property Facts
| Price | $799,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 21.00 AC |
| Zoning | RU-3M | ||
| Price | $799,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 21.00 AC |
| Zoning | RU-3M |
1 Lot Available
Lot
| Price | $799,000 | Lot Size | 21.00 AC |
| Price Per AC | $38,047.62 |
| Price | $799,000 |
| Price Per AC | $38,047.62 |
| Lot Size | 21.00 AC |
21,000 SF corner lot between NE 141st St and NE 2nd Ct with dual street frontage and excellent visibility. Allows up to 21 residential units, ideal for multifamily development.
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30-2219-000-1060 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $605,977 |
Property Taxes
Parcel Number
30-2219-000-1060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$605,977
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219 NE 141st St - 21 Townhouse/Apartment Site
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