Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7400 SW 98th St Pinecrest, FL 33156

    View on Map
    For Sale
    $1,999,000

    Residential - Pinecrest, FL

    Lot size:
    0.42 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    43
    Last Refresh:
    Apr 1 at 2:06 pm

    Property Features for 7400 SW 98th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    2100
    Standard status
    Active
    APN
    20-50-02-019-0100
    Lot size
    0.42 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    13780

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Inganamort

    Listing agent John Inganamort

    Listing office Douglas Elliman 5555 Biscayne Blvd, Palm Beach, FL

    Listing date Feb 17, 2026

    MLS# A11942343 Listing URL

    Copyright © 2026 Miami 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

    Pinecrest Vacant Lot Opportunity

    This is an opportunity to build a custom estate home on an oversized 18,500 sq ft vacant lot in Pinecrest, Florida. This private, estate-style property offers design flexibility, with space for outdoor living, pools, and entertainment areas. It is suited for buyers seeking privacy and space in a prime Pinecrest location. The property is located in Miami-Dade County. The lot size is 0.42 acres. The zoning is 2100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinecrest
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2981
    Latitude
    25.6668

    Nearby Similar for Sale

    • $3,250,000

      Prime Commercial Building on Dixie

      Free-standing commercial building with high visibility and exceptional location.
      8125 SW 120th St, Pinecrest, FL 33156
      View Details
    • $350,000

      Turnkey Restaurant Opportunity in Pinecrest

      Fully equipped restaurant for sale in prime Pinecrest location.
      Fully Turnkey Restaurant For Sale In The Heart Of Pinecrest, Pinecrest, FL 33156
      View Details
    • $2,495,000

      Pinecrest Residential Lot with Plans

      Residential lot with architectural plans for a luxurious estate.
      9330 SW 72nd Ave, Pinecrest, FL 33156
      View Details
    • $2,800,000

      Pinecrest Land: Build Your Estate

      Expansive 1.3-acre lot in South Pinecrest, ideal for custom estate.
      13500 SW 68th Ct, Pinecrest, FL 33156
      View Details
    • $65,000

      Turnkey Beauty Salon in Pinecrest

      Fully equipped salon with established clientele, ready for immediate operation.
      Beauty Salon For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • $3,400,000

      Pinecrest Homesite Near Top Schools

      Rare 0.83-acre homesite in Pinecrest, ideal for custom estate.
      11353 SW 69th Ct, Pinecrest, FL 33156
      View Details
    • $40
      30,000 SF

      Renovated Office Building For Sale

      Renovated office building with on-site management and ample parking.
      9655 South Dixie Highway, Pinecrest, FL 33156
      View Details
    • $8,750,000
      13,001 SF

      Prime Retail Opportunity on Dixie

      Highly visible retail property on South Dixie Highway for sale.
      9855 S Dixie Hwy, Pinecrest, FL
      View Details
    • $10,250,000
      3,585 SF

      Retail Property in Pinecrest, Florida

      Retail property for sale in Pinecrest, Florida.
      13001 S Dixie Hwy, Pinecrest, FL
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Oversized lot in Pinecrest, build your custom dream home.
    Where is this residential land & home lot located?
    The property is located at 7400 SW 98th St Pinecrest, FL.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: Oversized 18,500 sq ft vacant lot suitable for building a custom estate home.; Located in the prestigious Pinecrest, FL.; Offers unparalleled design flexibility for a bespoke residence.
    (305) 695-6300
    We can help!
    Listing Contact
    John Inganamort
    Real Estate License ID: 3513390
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!