11888 220Th St Miami, FL 33170
- Commercial real estate
- 1.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11888 220Th St
- Lot size
- 1.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.02-acre parcel, located at 11888 SW 220th St, Miami, FL 33170, presents a remarkable investment opportunity. Currently zoned for multifamily use and undergoing rezoning to allow for 140 residential units and 1,500 square feet of retail space, this property offers significant upside potential. The land boasts convenient access from both SW 221st Street and SW 220th Street. Its strategic location places it just minutes from the Southland Mall, a billion-dollar redevelopment project encompassing new retail, restaurants, a hotel, and residential components. The surrounding area is experiencing substantial growth, with newly constructed Lennar single-family homes and townhomes, along with numerous new apartment complexes, retailers, and restaurants. This prime location, coupled with the ongoing rezoning process, makes this property ideal for a mixed-use development catering to the area's burgeoning residential and commercial needs. The asking price is $4,800,000, representing a price per acre of $4,800,000. The property is offered fee simple. The price is negotiable.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.384179
- Latitude
- 25.56219
