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    261 NW 73Rd Ter Miami, FL 33150

    For Sale
    $1,290,000

    Land - Miami, FL

    Lot size:
    0.17 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 261 NW 73Rd Ter

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T5-R
    APN
    01-31-12-019-0110
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    Beachfront Realty, Inc (305) 405-0615 [email protected]

    Listing agent Monica Sciarra (305) 405-0615 License #3382598

    Listing date Oct 3, 2025

    MLS# A11889924 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Redevelopment Opportunity

    This property presents a prime redevelopment opportunity within Miami's urban core. The site encompasses a 7,500 square foot lot zoned T5-R, which allows for future vertical development. Currently, the property features an existing single-family home with 3 bedrooms and 2 bathrooms, and a new roof. The location is poised to benefit from ongoing growth in the surrounding area and upcoming Transit-Oriented Development (TSND) initiatives. The lot size is approximately 0.17 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.202174
    Latitude
    25.842833

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    FAQs

    What type of property is this?
    Residential land & home lot - 7,500 SF lot zoned T5-R in Miami's urban core.
    Where is this residential land & home lot located?
    The property is located at 261 NW 73Rd Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in Miami's urban core.; - Zoned T5-R allowing for future vertical development on a 7,500 SF lot.; - Positioned to benefit from surrounding growth and future Transit-Oriented Development (TSND) initiatives.
    (305) 405-0615
    Request Owner's contact information
    261 NW 73Rd Ter Miami, FL 33150
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    Miami, FL 33150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 NW 73Rd Ter Miami, FL 33150
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