11741 NE 13th Ave, Miami FL 33161 – A11935839

Property Description

ARV 700k+. PRIME DUPLEX-ZONED DEVELOPMENT OPPORTUNITY – NE MIAMI. 7500 sq ft lot only. The picture of the structure is an artist’s rendering of what could be built on the property. Property is currently a 2/1 single family home in poor condition. Exceptional investment opportunity in a highly desirable Northeast Miami neighborhood, just four blocks from Biscayne Blvd and minutes from Sans Souci Estates, Keystone Point & Marina. Centrally located near Bal Harbour Shops, beaches, Whole Foods, Publix, pharmacies, restaurants, cafés, gyms. This property offers both immediate value and long-term upside. The 7,500 SF lot is zoned for duplex development, ideal for a build-to-rent, or build-to-sell strategy, with ample space for outdoor living areas such as Patios, Pergolas, Outdoor Kitchens, Pools, and on-site Parking. A rare opportunity in an area with limited available land and strong rental demand.
As an added value, the property has an existing 2-bedroom / 1-bath vintage residence at the front of the lot which, with few upgrades, could generate holding income during the planning and permitting process, offering flexibility and cash flow while redevelopment plans move forward.
**Need help visualizing the possibilities? CONCEPTUAL DESIGN ASSISTANCE is available to qualified buyers**