$1,600,000

1720 SW 87th Ave Miami, FL 33165

Estimated payment $8,835/month

Total Views 1,114
0.32 Acre
$5,000,000 Price per Acre
13,939 Sq Ft Lot

About This Lot

Unique opportunity to purchase two adjacent properties located in Miami, positioned in one of the most central and high-demand corridors of Westchester. Offering a combined 14,100 sq ft of land, this package provides exceptional potential for investors, developers, or business owners seeking a prime location with flexible future use. Currently zoned RU-1, both lots can be converted to RU-5A (Semiprofessional District), allowing for residential, office, or semiprofessional use up to two stories. Ideal for medical offices, professional suites, or mixed-use concepts. With direct frontage on 87th Ave, the properties offer excellent visibility and high traffic flow. Whether you're looking to redevelop, expand your business footprint, or hold as a long-term investment, this rare offering delivers unmatched location, versatility, and growth potential in the heart of Miami.

Listing Agent

Elisabeth Olivera

The MVMNT Group LLC License #3339416 Listed on: 11/22/2025

The MVMNT Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,126

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 7100x7100
  • Property is zoned 0100

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Coral Park Estates Sec 1 Condos
  • Coral Park Estates Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-09-005-1680

Property Details

Property Type

Land

Est. Annual Taxes

$5,126

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.32
  • Lot Size: 7100x7100
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: CORAL PARK ESTATES SEC 1
  • CurrentPrice: 1600000
  • InternetRemarks: Perfect for investors, developers, or business owners.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Professional

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL PARK ESTATES SEC 1

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Cable Connected, Electricity Connected, Other Utilities Available, Water Connected, Cable Available, Electricity Available, Other, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-09-005-1680
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 14100
  • Zoning: 0100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5126

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,989 $299,584 -- --
2024 $4,722 $291,141 -- --
2023 $4,722 $282,662 $0 $0
2022 $4,548 $274,430 $0 $0
2021 $4,504 $266,437 $0 $0
2020 $4,453 $262,759 $0 $0
2019 $4,359 $256,852 $0 $0
2018 $4,155 $252,063 $0 $0
2017 $4,118 $246,879 $0 $0
2016 $2,196 $135,993 $0 $0
2015 $2,211 $135,048 $0 $0
2014 -- $133,977 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 For Sale $1,600,000 +110.5% --
11/19/2025 11/19/25 For Sale $760,000 +149.2% $543 / Sq Ft
08/03/2016 08/03/16 Sold $305,000 +1.7% $173 / Sq Ft View Prior Sale
06/11/2016 06/11/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $300,000 -- $170 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $88,600 Attorney
Warranty Deed $305,000 Attorney
Interfamily Deed Transfer -- Hbg Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $244,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11919452

MIAMI REALTORS® MLS

APN: 30-4009-005-1680