11892 214 Way Miami, FL 33177
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.
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.