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Listed
PRIME T6-8-O DEVELOPMENT SITE across from the new SOHO HOUSE in Miami. Covered land opportunity with incredible modern buildings. 120 NE 25th St is offered at land value pricing, with zoning, location, and future upside. Existing modern residence providing optionality during planning, entitlement, long term hold, or redevelopment. Miami parcel report indicates approx. 7,651 sf land. Recent sale of abutting 133 NE 24th St (approx. 6,934 sf.) provides a direct land value comparable. Buyer may find the property is in TOD corridor, enjoys Live Local-related upzoning, and an active City of Miami approval regarding increased density allowance at the site. Buyer to verify zoning, density, uses, approvals, and development potential.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,900–$9,700.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
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