248th st US1 Miami, FL ^$ 5,000,000

248th st US1

^$ 5,000,000

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Recently Listed

248th st US1

Miami, FL, 33032

^$ 5,000,000

Studio Baths0.0

Monthly Estimate*

^$ 31,193

Studio

Lots and Land for sale in Miami, FL

for $5,000,000. The lot size is 2.

Prime development opportunity in Miami-Dade County: Utilizing Live Local, up to 517 units can be built on the approximately 1.62-acre net (2.07-acre gross) parcel. The site allows surface parking for up to 204 spaces. Being considered a Transient Oriented Development allows a 0 parking requirement. A current conceptual site plan demonstrates the feasibility of a 204-unit, six-story multifamily project featuring efficient surface parking.

Lots and Land Active

Price

^$ 5,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 29,160

Style

Lot Size

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11922050

Features

General

Sewer Other

Utilities None

Possession Closing & Funding

Tax Year 2025

County Miami-Dade

Property Type Land

Status Active

City Miami

Zoning Description 6172

MLS Area 69

Lot Size Units Square Feet

Lot Size Square Feet 85143

Listing Terms Cash

Tax Annual Amount 29160

Lease Considered Y/N false

Standard Status Active

Legal Description 23 56 39 1.955 AC M/L COMM X OF SELY R/W/L OF US1 & S/L OF SE1/4 OF SW1/4 OF SW1/4 OF SEC 23 TH N 39 DEG E 433.78 FT FOR POB TH CONT N 39 DE

Interior

Total Baths 0

Exterior

Water Source Other

Lot Size Area 85143

Lot Dimensions 0x0

Lot Size Acres 2

Road Surface Type Paved

Waterfront Y/N false

Covered Spaces 0

Road Frontage Type County Road

* Excluded Features

List By

The Canero Group

Broker

rudy@canerogroup.com

Affordability Calculator

$33,623

Per Month

Monthly Principal & Interest: $31,193
Monthly Property Taxes: $2,430
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Miami, FL

Average List Price ^$2,413,619

Percent of Sale Price 52%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/5/2025	$5,000,000	-9.09%	Price Down
12/2/2025	$5,500,000		Listed Price

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248th st US1, Miami, FL, 33032 is a Lots and Land for sale at $5,000,000 with a lot size of 2. 248th st US1 is a studio with 0.0 baths. The property's zip code is 33032 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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248th st US1

Lots and Land for sale in Miami, FL

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