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11870 SW 214th St, Miami FL 33177

Commercial For Sale
$1,950,000

BTC: 24.16356877

ETH: 812.50000000

-$350K (2026/07/18)
157 days
0 room(s)

Overview

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

Florida • Miami • 33177 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.87 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,950,000
$620K – $3.8M
Confidence Low
List vs. estimate
At estimate
List $1,950,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $475K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,339
2025
All facts and features

  • Lot

    • Lot: 0.87 Acres

    Other Property Information

    • Parcel Number: 30-69-12-000-0250

    • Zoning: 6262

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Underground Utilities

    • Water Available

  • Other financial information

    • Annual tax amount: $1,339

  • Source details

    • MLS ID: A11987037

    Other facts

    • Lot Features: Urban Area Development / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 0x0

    • Subdivision Name: RANDOLPH ACRES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33177
191
median $675K
Active
Same city
Miami
12,430
median $640K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$1.4M – $2.5M
1,290
median $1.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: South Florida Real Estate Grp