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$5,000,000
For Sale

248th st US1

·

Miami-Dade

Listed on February 24, 2025

Vacant Land

MLS® # A11751390
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$85,143 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$29,160

Description

The Canero Group is presenting the sale of a development site consisting of an approximately (2.07 Acres Gross)parcel in Miami Dade County. The Project is part of the Princeton Community Urban Center District (PCUC), in the Core Subdistrict allowing a density of up to 125 units per gross acre. This allows up to 258 units on the site. As shown in aerials to follow, this is one of the last available lots to develop in the area. While the buyer may create their own site plan to obtain the 258 units, to optimize cost-efficiency, we are proposing a building of 254 apartments for senior living spread across 7 floors with a separate free standing parking garage of 2 floors. Having a bus stop adjacent to our property allows us to reduce parking by 40%.

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
    2/24/2025
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11751390
  • 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
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Virtual Tour

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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
20.5%100%
Estimated Monthly Payment
$20,141
Cash Flow Analysis
Mortgage Payment:
$20,141
Monthly Payment:
$22,571
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this beautiful 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

Miami Association of REALTORS®
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.
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248th st US1