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$ 1,950,000
Est. payment | /mo
0.87 Acres Lot
$ 1,950,000
Est. payment | /mo
0.87 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Randolph Acres
MLS Listing ID A11987037
HOA Y/N No
Annual Tax Amount $1,339
Tax Year 2025
Lot Size 0.870 Acres
Acres 0.87
Property Description
Calling All Developers & Investors! Prime multifamily development opportunity in rapidly transforming South Miami-Dade. This ±37,897 SF Residential Modified (RM) parcel is offered primarily for land value and allows up to 90 units per acre by right, with potential for 22 additional workforce housing units and heights up to 12 stories. Located near the Transitway, the site may qualify for stackable parking reductions of up to 75% through administrative approval—no rezoning or public hearings required. Just minutes from the new Transitway station and within walking distance of the transformative $1.5B South Place City Center, future residents can enjoy unmatched access to retail, dining, entertainment, and employment. Nearby are Government Center, Public Library, Cultural Arts Center, Target, Walmart, Publix, parks, and County Fire & Police stations. The property includes a 1,064 SF, 2-bedroom, 1-bath home built in 1940 with minimal contributory value, making it ideal for redevelopment.
Location
State FL
County Miami-dade
Community Randolph Acres
Area 69
Exterior
Utilities Available Electricity Available, Sewer Available, Underground Utilities, Water Available
Present Use Single Family
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 30-69-12-000-0250
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11987037
Listed by South Florida Real Estate Grp
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