About This Property

ONE OF THE LAST EMPTY LOT IN THE AREA, BUILD 6 TO 7 UNITS OR MORE, GREAT OPPORTUNITY FOR DEVELOPERS, WONT LAST LONG. 7500 Sq FT

Property Details

MLS #

A11993339

Status

Active

Property Type

Land/Boat Docks

Sub Type

Residential

Days on Market

Pool

Waterfront

HOA Fee

None

Est. Insurance

$332/mo

Tax Year

2025

Tax Amount

$14,500

Garage

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Lot Size

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MLS Area

City Of Miami South

Subdivision

CITY OF MIAMI SOUTH

Mortgage Calculator

Down Payment (20%)

$199,000

Principal & Interest$5,031

Property Tax$1,208/mo

HOA Fee$0/mo

Insurance$332/mo

Est. Monthly Total $6,571

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$6,965

Est. Monthly Rent

-1.0%

Cap Rate

-4.9%

Cash-on-Cash

$-9,775

Net Operating Income

ROI Projections (4% Annual Appreciation)

84%

5-Year ROI

Value: $1,210,570

191%

10-Year ROI

Value: $1,472,843

327%

15-Year ROI

Value: $1,791,939

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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542 SW 2nd St, Miami FL 33130