Multifamily Development Land
For Sale
$2,000,000
11870 SW 214th St, Miami, FL 33177
Residential Modified RM parcel featuring a 1940 two-bedroom home and multifamily entitlements up to 12 stories.
Property SizeContact for details
Lot Size0.87 Acres
Days on Market27
Property Features for 11870 SW 214th St
General Information
Standard status
Active
Lot size
0.87 Acres
Property subtype
Commercial
Zoning
RM
Taxes and HOA fees
Annual Taxes
$1,339
Listing Agency:
South Florida Real Estate Group
(305) 879-4563
Listed By:
Mionsha Gay · License #3301111
(305) 879-4563
Source:
Elliman
Added: Jul 17
Changed: Aug 8
Last Checked: Jul 17 at 4:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of South Florida Real Estate Group
Investment Insights
Based on property information with market context.
This residential land parcel is zoned Residential Modified (RM) and is being offered primarily for land value, with a small existing structure that has minimal contributory value. The property includes a 1,064-square-foot, 2-bedroom, 1-bath home built in 1940, positioned for redevelopment. Based on the provided entitlement information, the site allows up to 90 units per acre by right, with potential for 22 additional workforce housing units and building heights up to 12 stories.
The site is located near the Transitway and the seller notes it may qualify for stackable parking reductions of up to 75% through administrative approval, with no rezoning or public hearings required. Transit access is supported by the reported transitScore, and walkScore and bikeScore indicate a more car-dependent setting with some transit service. Nearby amenities listed include Target, Walmart, and Publix, along with parks and County Fire & Police stations.
The site is located near the Transitway and the seller notes it may qualify for stackable parking reductions of up to 75% through administrative approval, with no rezoning or public hearings required. Transit access is supported by the reported transitScore, and walkScore and bikeScore indicate a more car-dependent setting with some transit service. Nearby amenities listed include Target, Walmart, and Publix, along with parks and County Fire & Police stations.
Key Highlights
- 37,897 SF Residential Modified (RM) parcel with multifamily entitlements allowing up to 90 units per acre by right
- Development potential for heights up to 12 stories, plus potential for 22 additional workforce housing units
- May qualify for stackable parking reductions up to 75% with administrative approval; no rezoning or public hearings required
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 33177, FL
56,331
Population
17,124
Households
3.3
Avg Household Size
41
Median Age
23%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
4,471
Density / Sq Mi
$77,297
Median Household Income
$36,347
Median Earnings
$2,080
Median Rent
$399,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential Modified RM parcel featuring a 1940 two-bedroom home and multifamily entitlements up to 12 stories.
Where is this residential land & home lot located?
The property is located at 11870 SW 214th St Miami, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 37,897 SF Residential Modified (RM) parcel with multifamily entitlements allowing up to 90 units per acre by right; Development potential for heights up to 12 stories, plus potential for 22 additional workforce housing units; May qualify for stackable parking reductions up to 75% with administrative approval; no rezoning or public hearings required
