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Trustpoint Realty is pleased to offer 765 W 23rd St, a ±20,800 SF infill site (approximately 104 ft x 200 ft) priced at $1,500,000 (about $72/SF). The property is a value-add entitlement opportunity, with upzoning potential to Neighborhood Business District (NBD). NBD permits up to 70 units per acre and 5 stories, which supports approximately 33 units on this site, or a basis of about $45,455 per unit. The site is offered as a covered land play. Existing improvements on the property allow a buyer to hold the land and help offset carrying costs while pursuing rezoning and site plan approvals. Investors and developers can bank a well-located, transit-oriented parc...el today and position it for redevelopment as the corridor continues to densify. The site sits in a transitioning corridor. Light industrial zoning borders it to the north. To the east is a ±265,000 SF Miami-Dade County School Board parcel, which is currently in the bidding process for potential redevelopment. The property is 0.3 miles from Okeechobee Metrorail Station, has immediate access to the Hialeah Expressway and Okeechobee Rd, and is 3.3 miles from Miami International Airport. The OM and due diligence materials are available to qualified buyers.

Martin County REALTORS® of the Treasure Coast, MLS#: A12122676
Listed By: Trustpoint Realty, LLC., Nicholas Arias

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Bedrooms

  • Total Bedrooms: 3

Bathrooms

  • Full bathrooms: 2

Appliances

  • Dishwasher
  • Washer

Architectural Style

  • Other

Construction Materials

  • Other

Cooling

  • Other

Flooring

  • Other

Heating

  • Other

Parking Features

  • Other
  • See Remarks

Roof

  • Other

Utilities

  • Other
  • Sewer Available

Rooms

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Listed By:
Trustpoint Realty, LLC.
Nicholas Arias

Data Source: Martin County REALTORS® of the Treasure Coast

MLS#: A12122676

Data Source Copyright: © 2026 Martin County REALTORS® of the Treasure Coast All rights reserved.

© 2026 Martin County REALTORS® of the Treasure Coast (MCRTC)

This property was listed on 11/12/2026 and last updated as of 11/12/2026 5:52:36 PM. OSI IDX updated the data from Martin County REALTORS® of the Treasure Coast on 11/12/2026 at 12:06 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.