Exclusively offered is a premier covered land assemblage consisting of three contiguous folios totaling approximately 0.64 acres. The property is currently improved with four income-producing tenants, providing near-term cash flow while preserving long-term redevelopment flexibility. Strategically positioned for mixed-use development, the site offers the potential to develop up to approximately 288,059 square feet across up to twenty stories, subject to zoning incentives and available public benefit bonuses.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on June 25, 2026

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More Info

Basic Information

List Price$45,000,000
MIAMIA11947906
MlsStatusActive
PublicSurveyRange32
Virtual TourView Tour

Utilities

SewerPublic Sewer
UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Underground Utilities
Water SourcePublic

Tax Information

Tax Year2025
Taxes$127,169

Location

Area32
Building Number3886
CountyMiami-Dade
SubdivisionMagnolia Park 2nd Amd Pl
Zip33137

Basic Information

Property SubTypeCommercial
Property TypeLand
StatusActive

Property

Acreage0.16
Lot Size Area6,812
Lot Size Square Feet6,812
Zoning6103

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Grier Allen

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