11417 214Th St Miami, FL 33189
This exceptional 7,000 square foot development site in Miami, Florida, presents a unique opportunity for investors and developers. Located at 11417 SW 214th St, Miami, FL 33189 (APN: 30-6007-004-0270), this property boasts approved plans for a 16-unit apartment building with surface parking, capitalizing on the high demand for workforce housing in the rapidly growing South Dade area. The site is conveniently situated less than two miles from Florida's Turnpike and adjacent to a planned Bus Rapid Transit (BRT) station, enhancing connectivity within the Greater Miami Area. Southland Mall, a large shopping center with over 100 retailers, is just 1.7 miles away, and nearby amenities include a Target and Walmart Supercenter. The current zoning allows for a density of 90 units per acre, offering significant potential for future development. Goulds, a suburban city in Miami-Dade County, offers a high quality of life with diverse amenities, including restaurants, parks, and above-average schools. With a population of approximately 11,000 and an average household income of $53,667, Goulds presents a strong demographic profile for this type of development. This 7,000 square foot lot is priced at $599,999 and represents a compelling investment in a thriving South Florida market. The property's strategic location and approved plans make it an ideal opportunity for immediate development and strong long-term returns.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.