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$ 3,999,000
Est. payment /mo
New
12475 SW 56th St Miami, FL 33175
400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $9,997
MLS Listing ID A11986607
HOA Y/N No
Year Built 1951
Lot Size 4.640 Acres
Property Sub-Type Special Purpose
Property Description
Situated in the highly desirable Horse Country submarket, known for estate homes, equestrian properties, and large-lot residential estates with strong long-term appreciation potential.
Large Estate-Style Parcel: The property is part of a low-density residential enclave characterized by oversized lots and estate-style development, offering privacy, space, and flexibility for end-users or investors.
Significant Valuation & Growth: Recent data indicates a market value exceeding ~$4.7M, reflecting strong upward valuation trends in the area.
Development & Expansion Potential: The surrounding area supports estate redevelopment, new construction, and potential subdivision (subject to zoning and approvals), making this an attractive opportunity for builders and long-term investors.
High-Demand Residential Submarket: Comparable nearby properties on multi-acre lots have traded in the $3M–$10M+ range, reinforcing the strength of the micro-market and demand for large parcels.
Strategic Investment Opportunity: Ideal for end-users, developers, or investors seeking a property with land value upside, redevelopment potential, and long-term appreciation in one of Miami's most established estate communities.
Large Estate-Style Parcel: The property is part of a low-density residential enclave characterized by oversized lots and estate-style development, offering privacy, space, and flexibility for end-users or investors.
Significant Valuation & Growth: Recent data indicates a market value exceeding ~$4.7M, reflecting strong upward valuation trends in the area.
Development & Expansion Potential: The surrounding area supports estate redevelopment, new construction, and potential subdivision (subject to zoning and approvals), making this an attractive opportunity for builders and long-term investors.
High-Demand Residential Submarket: Comparable nearby properties on multi-acre lots have traded in the $3M–$10M+ range, reinforcing the strength of the micro-market and demand for large parcels.
Strategic Investment Opportunity: Ideal for end-users, developers, or investors seeking a property with land value upside, redevelopment potential, and long-term appreciation in one of Miami's most established estate communities.
Location
State FL
County Miami-dade
Area 30
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 30-49-24-001-2411
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11986607
Listed by Global Investments Realty
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