Property Details
| Asking Price | $3,999,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1951 |
| MLS # | A11986607 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
Situated in the highly desirable Horse Country submarket, known for estate homes, equestrian properties, and large-lot residential estates with strong long-term appreciation potential.Large Estate-Style Parcel: The property is part of a low-density residential enclave characterized by oversized lots and estate-style development, offering privacy, space, and flexibility for end-users or investors.Significant Valuation & Growth: Recent data indicates a market value exceeding ~$4.7M, reflecting strong upward valuation trends in the area.Development & Expansion Potential: The surrounding area supports estate redevelopment, new construction, and potential subdivision (subject to zoning and approvals), making this an attractive opportunity for builders and long-term investors.High-Demand Residential Submarket: Comparable nearby properties on multi-acre lots have traded in the $3M–$10M+ range, reinforcing the strength of the micro-market and demand for large parcels.Strategic Investment Opportunity: Ideal for end-users, developers, or investors seeking a property with land value upside, redevelopment potential, and long-term appreciation in one of Miami’s most established estate communities.
Listed by Global Investments Realty
Sales History for This Home · 12475 SW 56th Street, Miami, FL 33175
Sales history is unavailable for this property
Listed by Global Investments Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
Questions, showings, offers. This goes straight to Mark Zilbert.
A question about the website itself, such as something broken, the Terms, or your account? Use the site-help form
This goes to the site team at [email protected], not into the real-estate pipeline.
Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.