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    21281 SW 117Th Ave Miami, FL 33177

    For Sale
    Contact for pricing

    Land suitable for residential development with density boost potential.

    Lot size:
    2.37 Acres

    Property Features for 21281 SW 117Th Ave

    General Information

    Lot size
    2.37 Acres

    Source: FA Commercial Agent Fabio Faerman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land with Density Boost

    This land parcel is suitable for residential development, allowing for a maximum density of 206 to 309 residential units. The development can reach a height of up to 12 stories. The property benefits from a Tier 1 and QCT development boost. It includes 315 parking spaces.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.37657
    Latitude
    25.572506

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    FAQs

    What type of property is this?
    Land - Land suitable for residential development with density boost potential.
    Where is this land located?
    The property is located at 21281 SW 117Th Ave Miami, FL.
    What are key features of this property?
    This property features: - High-Density Residential Development Potential: Allows for 206-309 units, maximizing investment returns.; - Significant Height Allowance: Permits construction up to 12 stories, offering expansive views and design flexibility.; - Development Boost Incentives: TIER 1 + QCT designation provides potential financial or regulatory advantages.
    (786) 262-9966
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    21281 SW 117Th Ave Miami, FL 33177
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    Miami, FL 33177
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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
    21281 SW 117Th Ave Miami, FL 33177
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