12475 SW 56th St, Miami FL 33175
$3,999,000
Est. Payment $21,284/mo
1951
Year Built
4
Days on Market
Description
Situated in the highly desirable Horse Country submarket, known for estate homes, equestrian properties, and large-lot residential estates with strong long-term appreciation potential. Large Estate-Style Parcel: The property is part of a low-density residential enclave characterized by oversized lots and estate-style development, offering privacy, space, and flexibility for end-users or investors. Significant Valuation & Growth: Recent data indicates a market value exceeding ~$4.7M, reflecting strong upward valuation trends in the area. Development & Expansion Potential: The surrounding area supports estate redevelopment, new construction, and potential subdivision (subject to zoning and approvals), making this an attractive opportunity for builders and long-term investors. High-Demand Residential Submarket: Comparable nearby properties on multi-acre lots have traded in the $3M–$10M+ range, reinforcing the strength of the micro-market and demand for large parcels. Strategic Investment Opportunity: Ideal for end-users, developers, or investors seeking a property with land value upside, redevelopment potential, and long-term appreciation in one of Miami’s most established estate communities.
Facts
- MLS#
- A11986607
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Special Purpose
- Year Built
- 1951
- Lot Size
- 202,118 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 4 days
- Listed
- Mar 16, 2026
- Last Updated
- Mar 20, 2026
- Price/Lot Sq.Ft.
- $20/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
36
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/16/2026 | Listed for sale | $3,999,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Rabbi Alexander Gross High School9,10,11,12 · private · 0.2 mi
Rabi Alexander S Gross HebrewPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Rasg Hebrew AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Miami Beach Senior High School9,10,11,12 · public · 0.4 mi
Temple Beth Shmuel MontessoriPK,KG · private · 0.9 mi
Miami Beach Adult & Community Ed CenterUG · public · 0.9 mi
Fienberg/Fisher K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
Casa dei Bambini Montessori SchoolPK,KG,1,2,3,4 · private · 1.0 mi
St Patrick Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Casa Dei Bambini Montessori SchoolUG · private · 1.0 mi
Estimated Monthly Payment
$24,767/mo
Principal & Interest
$21,284
Property Tax
$3,333
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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