Active · Land
$1,200,000
168 St, Miami, FL 33187
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- 261,360 sq ft
- HOA fee
- —
- Annual tax
- $6,969
About this property
Excellent opportunity to own 6 acres of vacant residential land in Miami-Dade County at a competitive price. This spacious property allows buyers to envision endless possibilities, from creating a private residence with acreage, a family retreat, green areas, recreational space, farming, storage, or a long-term land investment. Surrounded by privacy, tranquility, and potential, this property is ideal for buyers looking to invest in land, build in the future, or secure valuable acreage in a growing area. All uses are subject to buyer’s due diligence and zoning verification.
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Estimated monthly cash flow
-$1,029
- Cap rate
- 4.7%
- Net yield
- 4.7%
- Cash-on-cash return
- -3.7%
- Gross yield
- 6.6%
- Mortgage payment
- $5,689/mo
- Down payment
- $300,000
- Loan amount
- $900,000
- Annual NOI
- $55,911
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.