Multifamily land development portfolio for sale in Miami, FL—featuring three directly adjacent parcels totaling approximately 0.62 acres, ideally located east of I-95 and directly next to Florida’s Turnpike and State Road 826. This strategic assemblage includes two 6,700 sq ft lots zoned RU-2 (duplex) and one 13,500 sq ft lot zoned RU-3 (quadplex), allowing for the construction of eight multifamily units—two duplexes and one fourplex. Situated in the Oleta Terrace neighborhood, the property offers exceptional accessibility, strong rental demand, and long-term development upside. The land is vacant and cleared, minimizing upfront site work and making it shovel-ready. Each Parcel can be sold separately.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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