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2 Beds
1 Bath
1,061 sqft

$825,000

812 NW 29th Terrace, Miami FL, 33127

Price per sqft$777.57
Built in1923
Property size1,061 sqft
Property typeResidential

Overview

Active

Listed Sep 2, 2026

Updated 2 weeks ago

DEVELOPMENT OPPORTUNITY – 6,000 SF LOT | CURRENT RENTAL INCOMEExcellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income.The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals.Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage.Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality.

$5,489/mo

Est. mortgage payment based on a $825,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12080496

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$7,121
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

Listed with Related General Realty, LLC.

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 12:49 PM UTC, 9/23/2026

 

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