Your email has been sent.
2201 NW 17th Ave - 29 Story Live Local Act site Miami Allapattah 0.91 Acres of Residential Land Offered at $18,750,000 in Miami, FL 33142
Investment Highlights
- Corner lot with 117 feet of frontage on NW 17th Avenue and 371 feet on NW 22nd Street offering functional site layout.
- TOD designation reduces parking requirements and optimizes cost efficiency for high-rise construction.
- Immediate adjacency to demand generators such as Health District, Airport, and industrial corridors.
- Located within Allapattah CRA and multiple incentive zones, including Opportunity Zone and Enterprise Zone.
- Height feasibility reinforced by nearby 29-story towers, supporting vertical development potential.
- Seller leaseback option simplifies acquisition strategy and accelerates entitlement timeline.
Executive Summary
This parcel sits within a robust network of economic drivers such as Jackson Health District, Miami International Airport, PortMiami, and Downtown Miami. Its connectivity to NW 17th Avenue and NW 22nd Street strengthens site access and staging, while ongoing CRA and private investment projects continue to elevate the area’s residential density trajectory. Incentive-rich positioning, corner visibility, and proximity to major employment hubs create exceptional upside for developers seeking large-scale residential projects in a high-demand urban market. A seller leaseback option for up to 12 months is available at nominal cost, granting immediate site control while entitlements are finalized.
Property Facts
1 Lot Available
Lot
| Price | $18,750,000 | Lot Size | 0.91 AC |
| Price Per AC | $20,604,395.60 |
| Price | $18,750,000 |
| Price Per AC | $20,604,395.60 |
| Lot Size | 0.91 AC |
Corner lot with 117' on NW 17 Ave and 371' on NW 22 St. A highly efficient footprint conducive to high-rise multifamily development. Potential easement along the northern boundary. Possibility of assemblage with an adjacent City-owned parcel.
Description
2201 NW 17th Avenue is a corner parcel within Miami’s Allapattah neighborhood, improved with an industrial structure and currently marketed at land value for redevelopment. Positioned within approximately 0.5 miles of Santa Clara Metrorail Station, the property qualifies for TOD-related design concessions. It is located near significant infrastructure including Jackson Health District, Miami International Airport, PortMiami, and Downtown Miami. The property lies within designated incentive zones (Federal Opportunity Zone, CRA districts) and the Live Local Act framework, which collectively support higher-density residential redevelopment. Current zoning is I (Industrial District). Assessor parcel ID: 01-3126-045-0200 [showcase.com]
Property Taxes
| Parcel Number | 01-3126-045-0200 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,732,087 |
Property Taxes
Contact the Sale Advisor
2201 NW 17th Ave - 29 Story Live Local Act site Miami Allapattah