Skip to content
Bean Group
← Back to search
Offered at $1,800,000Active
beds
—
baths
0
sq ft
—
Built
—

124xx SW 197th Avenue

Miami, FL 33196

About this home

Rare opportunity to acquire approximately 5 acres (217,800 SF) in the growing West Kendall market. Income-producing property with approximately 2.25 acres currently leased at $15,000/month under a 10-year lease, plus additional income from a month-to-month tenant. Excellent opportunity for investors, land bankers, and owner-users seeking a large South Miami-Dade parcel with existing income. Property is fully fenced and secured with convenient access to major roadways. Current zoning is GU (Interim-Await Specific Zoning). A zoning change is not currently available; however, rezoning or additional development opportunities may become possible in the future, subject to Miami-Dade County requirements and approval.

Listing last checked: Listing updated:

Listed by Marcelo Perdomo · Lifestyle International Realty · MLS #B26044792

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities4 property facts
Lot size
5 acres
Water
Public
Sewer
Public Sewer
Zoning
8900
Financial3 property facts
Annual taxes
$8,043
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,800,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,772 / monthAdjust
Principal & interest
$9,102
Property tax
$670
Insurance
Not entered
HOA
$0

Listing annual taxes: $8,043. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 3 supplied

Sold Aug 10, 2026

$1,900,000

Krome Avenue

Sold Sep 2, 2026

$1,790,000

230 Forest Hill Boulevard

Sold Jul 18, 2026

$1,900,000

36 S Sewalls Point Road

Explore more of Miami

Continue your search in Miami.

Need help making sense of this home?

About 124xx SW 197th Avenue

Can I request a private showing?

Request a tour of 124xx SW 197th Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.