0 174 Ave The Hammocks, FL 33194
This exceptional 1.52-acre parcel in Miami, Florida, presents a compelling investment opportunity. Located in The Hammocks, at SW 174th Ave, zip code 33194, this property is offered at $210,000, a price below its 2019 appraised value. Its strategic location offers significant advantages. The land is adjacent to the Mikosukee Reserve and a short distance from the Miccosukee Casino & Resort, providing high visibility and potential for synergistic development. Furthermore, its proximity to Florida International University's main campus, various shops, museums, and the Brightline station ensures convenient access to a diverse population and transportation network. The property's versatility allows for a range of potential uses, including, but not limited to, commercial development. Its high visibility also makes it an ideal location for an advertisement billboard or a telecommunications tower. This foreclosed property, owned by the lender, represents a rare chance to acquire a significant land holding in a rapidly developing area of Miami-Dade County. All offers are welcome. The property is classified as Special Purpose.
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
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.