4510 NW 17th ave - Multifamily Development Assemblage 0.5 Acres of Commercial Land Offered at $1,950,000 in Miami, FL 33142

4510-4530 NW 17th Avenue is a three-parcel corner development site offering a strong opportunity for multifamily and mixed-use development in Miami's Allapattah submarket. This entitled, T5-O-zoned assemblage totals ±21,576 SF (±0.50 acres) and sits at the signalized corner of NW 17th Avenue and NW 46th Street, providing excellent visibility and direct frontage along a primary north-south vehicular corridor served by multiple Miami-Dade Metrobus routes. The site is zoned T5-O (Urban Center Transect Zone, Open) under the Miami 21 Code, one of the City's most flexible urban zoning designations, permitting multifamily residential, mixed-use, and neighborhood-scale commercial development. Base zoning supports a density of 65 units per acre, equating to approximately 32 apartment units by right, with buildings generally permitted up to 5 stories. The property is also eligible under Florida's Live Local Act, which allows qualifying workforce housing and mixed-use residential projects to pursue additional height and density beyond base zoning through an administrative approval process — offering meaningful upside for a developer pursuing the additional entitlement pathway. The site further benefits from its location within a federally designated Qualified Opportunity Zone (QOZ), offering potential capital gains deferral and tax advantages to eligible investors. Centrally located, the property is approximately 5-7 minutes from Miami International Airport (MIA), 5 minutes from the Health District/Civic Center, and 10-12 minutes from both Downtown Miami/Brickell and the Wynwood/Design District, placing it within reach of several of South Florida's largest employment, healthcare, and cultural centers. The site is approximately 0.9 miles from the Earlington Heights Metrorail Station, supporting transit-oriented development (TOD) potential and reduced parking requirements under the Miami 21 Code. The property currently contains an existing one-story structure and surface parking, presenting a corner infill redevelopment opportunity in a submarket experiencing continued residential and mixed-use investment activity. This is an ideal opportunity for developers, investors, and builders seeking an entitled apartment development site or workforce housing land parcel in a high-growth, transit-accessible Miami corridor.