Property profile

12600 199Th Ave Miami, FL 33196

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 5-acre agricultural property, located at 12600 SW 199 AVE, Miami, Florida 33196 (Miami-Dade County), is offered at $650,000. The land is currently vacant and presents a unique opportunity for various projects or investments. The property boasts several key improvements, including a newly installed water pump and a secure perimeter fence, enhancing both functionality and security. A new electrical panel is also in place, simplifying the connection of power for future developments. This ready-to-develop land offers significant advantages, eliminating the need for extensive initial infrastructure work. Potential uses are diverse, ranging from private retreats and agricultural cultivation to tailored developments based on individual needs and vision. Buyers are responsible for conducting their own due diligence to ensure the intended use complies with all local zoning regulations and permitting requirements. The property's coordinates are 25.6472893 latitude and -80.5171929 longitude. This is a remarkable opportunity to acquire a well-situated and improved agricultural parcel in a desirable Miami location. Don't miss this chance to bring your vision to life.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

12600 199Th Ave Miami, FL 33196
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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