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$1,600,000
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Property Description
Unique opportunity to purchase two adjacent properties located in Miami, positioned in one of the most central and high-demand corridors of Westchester. Offering a combined 14,100 sq ft of land, this package provides exceptional potential for investors, developers, or business owners seeking a prime location with flexible future use. Currently zoned RU-1, both lots can be converted to RU-5A (Semiprofessional District), allowing for residential, office, or semiprofessional use up to two stories. Ideal for medical offices, professional suites, or mixed-use concepts. With direct frontage on 87th Ave, the properties offer excellent visibility and high traffic flow. Whether you're looking to redevelop, expand your business footprint, or hold as a long-term investment, this rare offering delivers unmatched location, versatility, and growth potential in the heart of Miami.
Full Property Details
Full Property Details for 1720 SW 87th Ave
General
- Price: $1,600,000
- Taxes: $5,126 (2024)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11919452
- Updated: 11/24/2025
- Added to Site: 56 day(s) ago
Location
- Area: Coral Park Estates Sec 1
- County: Miami-Dade County
- Subdivision: CORAL PARK ESTATES SEC 1
- Building Name: CORAL PARK ESTATES SEC 1
Community
- Community Name: Coral Park Estates Sec 1
Utilities
- Sewer: Other
- Water: Other
- Utility Description: Cable Connected, Electricity Connected, Other Utilities Available, Water Connected, Cable Available, Electricity Available, Other, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,100
- Lot Dimensions: 7100 x 7100
- Frontage Feet: 7100
- Lot Features: City Location, 1-2.5 Acres
- Potential Use: Professional
- Zoning: 100
Financial Considerations
- Tax Amount: $5,126
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CORAL PARK ESTS SEC 1 PB 65-86 LOT 5 LESS E6FT FOR R/W BLK 10 LOT SIZE 75.000 X 94
- Property ID: 30-40-09-005-1680
Listed by The MVMNT Group LLC
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Schools
Schools serving 1720 SW 87th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Everglades K-8 Center 8375 Southwest 16th Street, Miami, FL 33155 | PK-5 | 0.4 mi |
Rockway Middle School 9393 Southwest 29th Terrace, Miami, FL 33165 | 6-8 | 1 mi |
Miami Coral Park Senior High School 8865 Southwest 16th Street, Miami, FL 33165 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1720 SW 87th Ave
Date
Details
Price
Change
Source
11/22/2025
Listed
$1,600,000
424.59%
MLS
8/03/2016
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1720 SW 87th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,989
6%
$291,141
3%
2023
$4,722
5%
$282,662
6%
2021
$4,504
-1%
$266,437
-3%
2022
$4,548
1%
$274,430
4%
2021
$4,504
3%
$262,759
2%
2019
$4,359
5%
$256,852
2%
2018
$4,155
1%
$252,063
2%
2017
$4,118
88%
$246,879
82%
2016
$2,196
-1%
$135,993
1%
2015
$2,211
-1%
$135,048
1%
2014
$2,240
2%
$133,977
1%
2013
$2,199
—
$131,998
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1720 SW 87th Ave
1720 SW 87th Ave, Miami, FL 33165 (MLS# A11919452) is a Commercial Land property with a lot size of 0.32 acres. 1720 SW 87th Ave is currently listed for $1,600,000 and was received on November 22, 2025. Want to learn more about 1720 SW 87th Ave? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

