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Property profile & analytics
OFF-MARKET
Commercial real estate

11892 214 Way Miami, FL 33177

Property ID
US18-2236685
Property summary
AI-generated overview

This exceptional 2.5 million dollar property, located at 11892 SW 214th Street in Miami, Florida (zip code 33177), presents a unique investment opportunity. The land is zoned for multifamily development, allowing for the construction of over 74 multifamily units. The property's zoning also permits single-family developments, offering flexibility for various development plans. With a high density allowance of up to 90 units per acre and the possibility of buildings reaching 12 stories, this site offers significant potential for high-density residential construction. This prime location within Miami-Dade County sits within an urban development area, providing access to essential infrastructure and amenities. The latitude and longitude coordinates are 25.567886 and -80.3843713 respectively. This property is classified as Special Purpose and presents a compelling opportunity for developers seeking to capitalize on Miami's thriving real estate market. The asking price for this exceptional development site is $2,500,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
UPID US18-2236685
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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