Princeton Estates, 12525 SW 240th St

2.07
Acre
Status
Sold - Nov 24, 2025
Size
2.07 Acres (8,377 m2)
Price
$471,014/Acre ($116/m2)
Type
Land
MLS Number
A11749919
On Site
490 Days
Updated
198 Days ago
Page Views
0
Prime 2.07-acre development opportunity in unincorporated Miami-Dade County, within ½ mile of the SMART Plan Kendall Corridor, a designated Rapid Transit Activity Corridor. This versatile site allows for rezoning to vertical or horizontal mixed-use development... Read more

Features

All features
  • Property SqFt: 90169
  • Remarks: Prime 2.07-acre development opportunity in unincorporated Miami-Dade County, within ½ mile of the SMART Plan Kendall Corridor, a designated Rapid Transit Activity Corridor. This versatile site allows for rezoning to vertical or horizontal mixed-use development, supporting up to 36 residential units per acre (max 74 units or 28 garden Townhomes) and 1.5 FAR. The property is zoned for residential or mixed-use potential, making it ideal for developers looking to capitalize on expanding transit infrastructure. With 59.71% of surrounding development already residential, single-use residential projects up to 140, 757 sq. ft. are feasible. Convenient access to major roads, retail, and public transit. Don’t miss this rare high-density redevelopment opportunity!
  • Internet Remarks: Prime 2.07-acre development opportunity in unincorporated Miami-Dade County, within ½ mile of the SMART Plan Kendall Corridor, a designated Rapid Transit Activity Corridor. This versatile site allows for rezoning to vertical or horizontal mixed-use development, supporting up to 36 residential units per acre (max 74 units or 28 garden Townhomes) and 1.5 FAR. The property is zoned for residential or mixed-use potential, making it ideal for developers looking to capitalize on expanding transit infrastructure. With 59.71% of surrounding development already residential, single-use residential projects up to 140, 757 sq. ft. are feasible. Convenient access to major roads, retail, and public transit. Don’t miss this rare high-density redevelopment opportunity!
  • Waterfront: No info
  • Directions: Southwest
  • Days on Market: 218
  • Closing Date: 2025-11-24
  • Compass Point: SW
  • Office Name: Miami Portfolio Collection
  • Area: 90169
  • Taxes: 16718
  • Tax Year: 2024
  • Listing Date: 2025-02-21T15:59:45.000-00:00
  • Lot Size Square Feet: 90169

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Price History

Current
$975K
High
$1.8M
Low
$975K
Total Change
45.8%
$1.9M$1.4M$876KFeb 25Aug 25Aug 25Nov 25
Date
Event
Price
Change
Price Per
11/24/2025
Sold
$975K
0%
$11 ft2
$116 m2
08/15/2025
Price Reduced
$975K
-18.75%
$11 ft2
$116 m2
08/15/2025
Price Reduced
$1.2M
-33.33%
$13 ft2
$143 m2
02/21/2025
Listed
$1.8M
 
$20 ft2
$215 m2
11/24/2025
$975K
Event
Sold
Change
0%
Price Per
$11 ft2
$116 m2
08/15/2025
$975K
Event
Price Reduced
Change
-18.75%
Price Per
$11 ft2
$116 m2
08/15/2025
$1.2M
Event
Price Reduced
Change
-33.33%
Price Per
$13 ft2
$143 m2
02/21/2025
$1.8M
Event
Listed
Price Per
$20 ft2
$215 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Glenn RiceMiami Portfolio Collection • Buyer Agency Compensation .

Listing Location & Street View
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Community Snapshot
3 to 6 BR
Bedrooms
$600K to $13.1M
Price Tier
1,024 - 5,440
SqFt Range
1994
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales

Princeton
Mid-Tier
Mid-Tier Homes & Condos

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