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.
The Canero Group
Features & Details
Learn about the features and details of 248th st US1
Property Details
Property Type
Vacant Land
Living Area
-
Year Built
Year Built
Lot Size
85,143 sqft
Stories
-
Annual Tax
$29,160.00
List Date
11/28/2025
Updated
12/13/2025
Last Checked
Recent
MLS Number
#A11922050
Brokerage
The Canero Group
Postal Code
33032
Area
Miami-Dade
City
-
Additional Property Features
Occupancy
Available
List Price
$5,000,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2025
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Explore Miami-Dade
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Mortgage Calculator
Estimate monthly payments for 248th st US1
$0
20.0%
$5,000,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$23,970
Show More Details
Cash Flow Analysis
Mortgage Payment:
$23,969.91
Monthly Payment:
$26,399.91
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this prime vacant land in the heart of . Offered at $5,000,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 248th st US1
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Other at 248th st US1, MLS® A11922050.
What are annual taxes for 248th st US1?
Annual taxes for this home are $29,160 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.