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124xx SW 197th Avenue, Miami FL 33196

Commercial For Sale
$1,800,000

BTC: 21.82347236

ETH: 679.24528302

97 days
0 room(s)

Overview

Rare opportunity to acquire approximately 5 acres (217,800 SF) in the growing West Kendall market. Income-producing property with approximately 2.25 acres currently leased at $15,000/month under a 10-year lease, plus additional income from a month-to-month tenant. Excellent opportunity for investors, land bankers, and owner-users seeking a large South Miami-Dade parcel with existing income. Property is fully fenced and secured with convenient access to major roadways. Current zoning is GU (Interim-Await Specific Zoning). A zoning change is not currently available; however, rezoning or additional development opportunities may become possible in the future, subject to Miami-Dade County requirements and approval.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,000
$123K – $1.2M
Confidence Low
List vs. estimate
$1.6M above estimate
List $1,800,000 · +804.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 4 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,042
2025
All facts and features
  • Lot

    • Lot: 5.00 Acres

    Other Property Information

    • Parcel Number: 30-58-14-000-0066

    • Zoning: 8900

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Water Connected

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $8,042

  • Source details

    • MLS ID: B26044792

    Other facts

    • Lot Features: 5 To Less Than 10 Acre Lot

    • Water Source: Public

    • Subdivision Name: None

Private inquiry
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Market around this address

Live counts in the same area.
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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: Lifestyle International Realty