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Allapattah land values

City of Miami · $ per square foot of land · Updated September 2026

ZoningLand, $ per SF
T6-8 and T6-12 (mid-rise)$140 – $350
D (industrial)$100 – $165
T5 (up to 5 stories)$100 – $150
T4 (up to 3 stories)$80 – $125

A 10,000 square foot lot in the highest zoning here would be worth about $1,400,000 to $3,500,000 as land, before anything built on it.

From county deed records

Recorded sales from June 2024 to July 2026 of vacant land and of older buildings covering less than 60% of their lot. The middle half of sale prices, per square foot of land.

ZoningSalesLow quarterMedianHigh quarter
T6-8 / T6-1224$106$142$180
T520$64$98$151
T466$76$97$123
D (industrial)49$95$129$163

Reported land sales

PropertySoldPriceLand$ / SF land
1000 NW 23 StJun 2026$15M1 ac$344
2055 NW 7 Ave + 16 parcelsJul 2026$21.8M2.5 ac$200

When your building is really a land sale

A small older building on land zoned for a tower can produce modest rent and still be worth a great deal. Investors price it on the income. Developers price it on the land. When the land number is higher, a developer is the buyer who pays the most, and the building itself adds little to the price.

Land value depends on the exact zoning, the lot size and shape, corner and frontage, and whether neighboring lots can be combined. These ranges are a starting point, not an appraisal.

Other areas: Brickell · Downtown / Omni / Park West · Edgewater · Wynwood · Upper East Side / MiMo · Little Haiti / Little River · Overtown · Little Havana · Coral Way · Flagami · Model City · Coconut Grove · North Beach · South Beach · Coral Gables · North Miami · North Miami Beach · Doral · Hialeah

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