Commercial property in Miami, Florida № 2048393

Commercial property in Miami, Florida № 2048393
ID2048393 $ 3 999 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2048393

Property description

Situated in the highly desirable Horse Country submarket, known for estate homes, equestrian properties, and large-lot residential estates with strong long-term appreciation potential. Large Estate-Style Parcel: The property is part of a low-density residential enclave characterized by oversized lots and estate-style development, offering privacy, space, and flexibility for end-users or investors. Significant Valuation & Growth: Recent data indicates a market value exceeding ~$4.7M, reflecting strong upward valuation trends in the area. Development & Expansion Potential: The surrounding area supports estate redevelopment, new construction, and potential subdivision (subject to zoning and approvals), making this an attractive opportunity for builders and long-term investors. High-Demand Residential Submarket: Comparable nearby properties on multi-acre lots have traded in the $3M–$10M+ range, reinforcing the strength of the micro-market and demand for large parcels. Strategic Investment Opportunity: Ideal for end-users, developers, or investors seeking a property with land value upside, redevelopment potential, and long-term appreciation in one of Miami’s most established estate communities.
MLS #: A11986607
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CityMiami
Address12475 SW 56th St, Miami FL 33175
TypeCommercial property
Completion dateIV quarter, 1951
Price
  • Price
  • per m²
$ 3 999 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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