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Land in Princeton, FL 33032Princeton Estates, 12525 SW 240th St
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Closed
Beds
2.07
Acre$471,014
$/AcreSold - Nov 24, 2025
Land
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!
MLS Number: A11749919
On Site: 572 Days
Updated: 20 Days ago
Page Views: 0
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
Apples-to-Apples Comparables
Price History
Current
$975K
High
$1.8M
Low
$975K
Total Change
-45.8%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 Rice • Miami Portfolio Collection • Buyer Agency Compensation .
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Scores
12
100
29
100
29
100
Community Snapshot
3 – 3 BR
Bedrooms
$1.1M – $10.5M
Price Tier
1,024 - 5,440
SqFt Range
1994
Year Build
1
Total Floors
Subdivision Amenities
Clubhouse
Pool
Princeton Mid-Tier Mid-Tier Homes & Condos
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