567 150th Street, Miami, FL 33161

$427,770 — Active

Property Features

Map Map It

Exceptional opportunity for investors, developers, and builders to acquire a 13,200 SF (0.30-acre) development site in a highly desirable location. This vacant parcel offers significant upside potential with current zoning allowing for the development of up to 4 residential units, making it an attractive investment for those seeking to capitalize on the area's continued growth and demand.Strategically located in a strong market, this property benefits from excellent accessibility, visibility, and proximity to major transportation corridors, shopping, dining, employment centers, and residential communities.The property's current land use is Commercial, with a primary zoning designation permitting Multifamily Residential Development (4 Units). Experienced developers may wish to explore additional development possibilities, density enhancements, zoning modifications, or variance opportunities, subject to municipal approvals. Buyers should consult with their architect, engineer, land-use attorney, and general contractor to verify all development options and maximize the property's potential.Whether you are looking to build multifamily residences, secure a land bank investment, or pursue a value-add development strategy, this property offers a compelling combination of location, flexibility, and long-term appreciation potential.Highlights:13,200 SF (0.30 Acres) of vacant landMultifamily zoning allowing 4 residential unitsCommercial land use designation

Property Details

  • Listing ID: A12033905
  • Status: Active
  • Listing Date: 2026-06-09
  • Property Type: Unimproved Land
  • Subdivision: POVOA GARDENS SEC 1
  • County: Miami-Dade
  • MLS Area: 2220
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 0.30

Financial

  • List Price: $427,770
  • HOA Fee: None
  • Taxes: $4,877/yr

Features & Amenities

Courtesy of The Keyes Company

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© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.