$5,000,000
$500K PRICE DROP

248th st U S Route 1 Miami, FL 33032

Edgewater Neighborhood

Estimated payment $28,653/month

Total Views 199
2 Acres
$2,500,000 Price per Acre
87,120 Sq Ft Lot

About This Lot

Prime development opportunity in Miami-Dade County: Utilizing Live Local, up to 517 units can be built on the approximately 1.62-acre net (2.07-acre gross) parcel. The site allows surface parking for up to 204 spaces. Being considered a Transient Oriented Development allows a 0 parking requirement. A current conceptual site plan demonstrates the feasibility of a 204-unit, six-story multifamily project featuring efficient surface parking.

Listing Agent

Rudy Rodriguez

The Canero Group License #0695673 Listed on: 11/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,160

Lot Details

  • 2 Acre Lot
  • Property is zoned 6172

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30-69-23-000-0665

Property Details

Property Type

Land

Est. Annual Taxes

$29,160

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 2
  • New Construction: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • CurrentPrice: 5000000
  • InternetRemarks: Development Site for 517 units on an approximately (2.07-acre gross) parcel for residential development under the Live Local Act.
  • ShowingTimeFlag: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Suburban

Exterior Features

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

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-69-23-000-0665
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 85143
  • Zoning: 6172

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 29160

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Price Changed $5,000,000 -9.1% --
11/28/2025 11/28/25 For Sale $5,500,000 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11922050

MIAMI REALTORS® MLS