232 Krome Ave Miami, FL 33170
This exceptional 35-acre parcel presents a rare development opportunity in Miami, Florida. Located at the highly visible corner of SW 232 Street and Krome Avenue in Miami-Dade County, this property boasts a prime location with significant development potential. The site is conveniently situated in zip code 33170, offering easy access to major transportation routes. The asking price is $35,000,000. The land has already undergone significant preparation, having been cleared of most vegetation, leaving only a few scattered trees that can be easily incorporated into any future development plans. SW 232 Street has recently been expanded, enhancing accessibility and visibility. This expansive site offers developers a multitude of possibilities, including the potential for a large-scale residential community. Conceptual plans could include approximately 100 single-family homes, 500 townhouses, or a mix of 200 one-, two-, and three-bedroom condominiums and rental apartments. The property's size and location make it an ideal candidate for a variety of large-scale projects. This is a unique opportunity to acquire a significant land parcel in a rapidly growing area of Miami. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.