Land For Sale • 0.16 AC
Fausto Commercial presents a shovel-ready 10-unit development opportunity in the heart of Buena Vista, Miami (33137). The 6,750 SF lot is fully entitled with approved plans and permits for a 19,100 buildable SF multifamily project, enabling developers to break ground immediately. The property is strategically positioned within Miami’s highly desirable Biscayne Corridor, offering proximity to major lifestyle, employment, and transit hubs including the Miami Design District, Wynwood Arts District, and Magic City Innovation District. Zoned T5-O, the site provides flexibility for urban mixed-use concepts, though it is currently approved for multifamily development. This offering is well-suited for developers seeking speed to market, certainty of approvals, and exposure to one of Miami’s most dynamic submarkets. Seller Finance offers welcome!
| Fully Approved, Shovel-Ready 10 Units – Start construction immediately and avoid costly delays, resubmittals, and entitlement risk |
| ~$88K/Unit Basis | 19,100 Buildable SF – Strong entry pricing with attractive margins compared to nearby new construction comps |
| Prime Buena Vista / Biscayne Corridor Location – High-demand rental pocket near Design District & Wynwood drives tenant demand and rent growth |
| Seller Financing + Value-Add Upside – Flexible terms plus potential for additional unit/gym space to enhance returns and exit value |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 6 min | - | 2.6 mi |
| Earlington Heights (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 6 min | - | 3.2 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 22 min | - | 10.1 mi |
| Fort Lauderdale/Hollywood International | 29 min | - | 19.9 mi |