PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.
Vacant landProperty Type
6.87 acresLot Size
$1,526,929Price/Acres
Listed by Martha Rodriguez• The Katsikos Group, Inc.
Incredible opportunity to acquire almost 7 acres of REO land in booming South Dade market. Located within the path of development. Endless opportunities. House at the rear of the property is in poor condition and access will not be provided. Offer deadline is May 5th. Seller will not consider offers prior to the deadline date. Property is currently zoned Agricultural and being sold as is. Buyer to sign a hold a Hold Harmless & Indemnification Agreement for Seller regarding Miami Dade DERM Site Rehabilitation Case SW-180. Please follow link to the document vault found in broker remarks. All offers must be submitted by buyer’s agent using the online offer management system. Access system via link below. A technology fee will apply to buyer’s broker upon consummation of sale.
MARMLS #A11190028
Jul 29, 2022
Sold
$3,500,000
May 24, 2022
Pending
—
Apr 14, 2022
Listed
$1,955,000
MARMLS #A10308889
Jul 27, 2017
Listing Removed
—
Jul 12, 2017
Listed
$348,400
MARMLS #A2196546
Jan 20, 2016
Listing Removed
—
Dec 10, 2015
Price Changed
$309,900
Oct 30, 2015
Listed
$338,000
Public Records
Jan 5, 2007
Sold
$900,000
Public Records
Feb 2, 2005
Sold
$514,000
Public Records
Jun 18, 2003
Sold
$400,000
Year
Property tax
Land + Additions
Assessment*
2025
$28,166 (+8.1%)
2024
$26,049 (+19.0%)
2023
$21,898 (+37.8%)
$1,005,000 + $246,940
$1,251,940
2022
$15,893 (+14.8%)
$1,005,000 + $246,940
$1,251,940
2021
$13,848 (+8.7%)
2020
$12,744 (+10.3%)
2019
$11,555 (−10.7%)
$402,000 + $223,283
$625,283
2018
$12,939 (−0.7%)
2017
$13,026 (+30.5%)
2016
$9,981 (+9.3%)
$377,850 + $155,488
$533,338
2015
$9,131 (−1.8%)
$377,850 + $155,488
$533,338
2014
$9,299 (−10.9%)
2013
$10,441 (−4.2%)
2012
$10,899 (−4.2%)
$412,200 + $152,810
$565,010
2011
$11,376
Public record
Beds
6
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
6.87 Acres
Year renovated
1969
Finished Sq. Ft.
3,168
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,168
Year built
1969
Style
Single Family Residential
County
Miami-Dade County
APN
3069240000800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Homestead, FL • 33032
Average low and high temperatures (°F)
75
59
77
62
80
67
82
72
88
76
88
78
90
79
90
78
88
76
85
75
81
68
79
65
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Homestead. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12501 SW 236th St
$8,714,355
$1.8M under list price of $10.5M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $620K to $975K.