Estimated payment $11,776/month
Highlights
- No HOA
- Landscaped with Trees
- 3-minute walk to Veterans Wayside Park
- Palmetto Elementary School Rated A
About This Lot
Investor/Builder Opportunity: Pinecrest Redevelopment with High ROI Potential! This 38,332 SF rectangular lot—just shy of a full acre—is the lowest priced near-acre parcel currently available in The Village of Pinecrest. Located in a no flood zone and surrounded by multimillion-dollar estates, this property offers exceptional upside in one of Miami’s most prestigious neighborhoods. An existing 3-bedroom, 2-bath home sits on site, offering options to renovate, rent, or redevelop. Zoned for single-family use with ample depth for luxury layouts, pool, guest house, or covered outdoor living. Property sold AS-IS. Run your numbers—this one makes sense.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,897
Lot Details
- 0.88 Acre Lot
- North Facing Home
- Landscaped with Trees
- Property is zoned 2300
Location
- City Lot
Utilities
- Septic Tank
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Suniland Estates 1St Addn Condos
- Suniland Estates 1St Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 20-50-10-002-0960
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,897 | $460,994 | -- | -- |
| 2024 | $7,489 | $448,002 | -- | -- |
| 2023 | $7,489 | $434,954 | $0 | $0 |
| 2022 | $7,300 | $422,286 | $0 | $0 |
| 2021 | $6,871 | $388,191 | $0 | $0 |
| 2020 | $6,793 | $382,832 | $0 | $0 |
| 2019 | $6,668 | $374,225 | $0 | $0 |
| 2018 | $6,370 | $367,248 | $0 | $0 |
| 2017 | $6,168 | $359,695 | $0 | $0 |
| 2016 | $6,134 | $352,297 | $0 | $0 |
| 2015 | $6,206 | $349,849 | $0 | $0 |
| 2014 | $6,281 | $347,073 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $2,095,000 | +5.0% | -- |
| 04/21/2025 04/21/25 | Price Changed | $1,995,000 | -20.0% | -- |
| 01/10/2025 01/10/25 | For Sale | $2,495,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $235,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $201,500 | New Conventional | |
| Previous Owner | $211,500 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11719283
APN: 20-5010-002-0960
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