$875,000

Estimated payment $5,646/month

Total Views 221
8 Beds
4 Baths
4,982 Sq Ft
$176 Price per Sq Ft

Highlights

  • Maid or Guest Quarters
  • Old Spanish Architecture
  • No HOA
  • Wood Flooring
  • Main Floor Bedroom
  • Fireplace

About This Home

Rare multifunctional investment opportunity in the heart of Shenandoah South, a high-demand neighborhood where historic Miami charm meets an evolution toward multi-million dollar homes. This property is being sold primarily for land value, offering an ideal canvas for developers looking to capitalize on the Miami 21 Zoning Code. The property currently features two buildings: a two-story main house and a separate rear structure containing two apartment units. Equipped with two existing electrical meters, providing a solid foundation for further multi-unit development. Note: Buyers and their agents are responsible for verifying all zoning, land use, and development potential during the inspection period. This site offers multiple development paths under the city's vision, benefiting from a market where residential land prices recently surged by 125% per square foot. Positioned minutes from South Florida’s most prestigious hubs—including Coconut Grove, Coral Gables, Brickell, and MIA—this location guarantees long-term appreciation and liquidity.

Listing Agent

Marilu Perez-Perez

RE/MAX Advance Realty II License #3278228 Listed on: 02/03/2026

RE/MAX Advance Realty II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,033

Year Built

  • Built in 1923

Lot Details

  • 6,600 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Old Spanish Architecture
  • Studio
  • Frame With Stucco

Interior Spaces

  • 4,982 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Arched Windows
  • Laundry in Utility Room
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Studio bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Driveway
  • Open Parking

Schools

  • Shenandoah Elementary And Middle School
  • Miami Senior High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Palm Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-025-0450

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,033

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PALM GROVE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 875000
  • InternetRemarks: Shenandoah Investment Opportunity! Sold for land value with great potential for development in a great Location near Miami's greatest Hubs.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other, Maid/In-Law Quarters, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 4982
  • Window Features: Arched Windows, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Studio
  • Living Room Features: Maid/In-Law Quarters, Other, Studio Apartment, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Other
  • Construction Type: Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM GROVE
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Shenandoah
  • High School: Miami Senior
  • Middle Or Junior School: Shenandoah

Lot Info

  • Parcel Number: 01-41-10-025-0450
  • Lot Size Sq Ft: 6600
  • Zoning: 0100

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12033

Map

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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 $11,074 $585,671 -- --
2024 $10,451 $538,089 -- --
2023 $10,451 $494,590 $0 $0
2022 $8,582 $400,455 $0 $0
2021 $7,935 $367,925 $0 $0
2020 $6,952 $346,009 $0 $0
2019 $6,455 $325,236 $0 $0
2018 $5,972 $324,207 $0 $0
2017 $5,659 $272,740 $0 $0
2016 $5,406 $251,914 $0 $0
2015 $4,926 $233,652 $0 $0
2014 $4,521 $216,964 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $875,000 -- $176 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11957608

MIAMI REALTORS® MLS

APN: 01-4110-025-0450