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$950,000
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Property Description
Unique 1.25-acre development opportunity in unincorporated Miami-Dade County! This vacant parcel has a tentative approval for a new plat creating 5 individual lots, each designed to accommodate a duplex property. That's a potential of 10 income-producing units with workforce housing allowances, offering strong long-term rental or resale upside. See attached proposed T-Plat and survey for layout and details. Whether you're a builder, investor, or developer looking for your next project, this is a rare chance to secure a large parcel with pre-entitlement momentum and exceptional income potential.
Full Property Details
Full Property Details for Xxx SW 289 Terrace
General
- Sold For: $950,000
- Taxes: $4,237 (2024)
- Status: Closed
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11877588
- Added to Site: 200 day(s) ago
Location
- Area: Leisure City Sec 2
- County: Miami-Dade County
- Subdivision: LEISURE CITY SEC 2
- Building Name: LEISURE CITY SEC 2
- Direction Faces: North
Community
- Community Name: Leisure City Sec 2
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Zoned Duplex, Check Land Use Plan
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.25
- Lot Size (Sq. Ft.): 54,450
- Street/Road Desc.: Paved
- Lot Features: Cul-De-Sac Location, 1 To Less Than 2 Acre Lot, Other
- Development Status: Undeveloped
- Potential Use: Unknown/Withheld
- Trees/Vegetation: No Trees
- Zoning: 100
Financial Considerations
- Tax Amount: $4,237
- Tax Year: 2024
- Terms: All Cash
Disclosures and Reports
- Legal Description: 4 57 39 1.25 AC S1/2 OF S1/2 OF W1/2 OF NW1/4 OF NW1/4 OF SE1/4 LOT SIZE IRREGULAR OR 20835-0878 102002 1
- Property ID: 30-79-04-000-0660
Listed by K & A Realty
Sold by Gilvan Realty Corp.
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Price & Sales History for Xxx SW 289 Terrace
Date
Details
Price
Change
Source
2/16/2026
Sold
$950,000
-2.56%
MLS
11/25/2025
Price Reduced
$975,000
-7.14%
MLS
9/12/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Xxx SW 289 Terr, Miami, FL 33033 (MLS# A11877588) is a Land Residential property that was sold at $950,000 on February 16, 2026. Want to learn more about Xxx SW 289 Terr? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

