HEFTLER HOMES SEC 3

5240 SW 106 Ave, Miami FL 33165

3 beds · 1 baths · 1,274 ft²

For Sale · Active Listing

$849,000

Est. Payment $4,519/mo

MLS Sheet Video

3

Bedrooms

1

Bathrooms

1,274

Sq. Ft.

2026

Year Built

4

Days on Market

Description

Prime shovel-ready development opportunity in a highly desirable neighborhood. This property comes with an approved Workforce Housing approval letter allowing for the development of two separate units or a duplex configuration with individual folios, creating the ability to sell each unit independently. An exceptional opportunity for developers, builders, or investors seeking to capitalize on strong demand for new construction housing in the area. Ideal for luxury townhomes, modern duplex living, or income-producing investment strategies. Significant time and entitlement costs have already been saved with approvals in place, allowing a faster path to construction and resale. Centrally located near major highways, shopping, dining, schools, and all that Miami has to offer. Rare opportunity to acquire a development-ready site with added density and flexibility already secured. See attachments for plans and approval

Facts

MLS#
A12024059
Subdivision
HEFTLER HOMES SEC 3
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2026
Lot Size
7,500 ft²
Sq. Ft.
1,274 ft²
Sq. Mt.
118 m²
Price per sq. ft.
$666/ft²
Price per sq. mt.
$7,195/m²
Stories
Garage
Pool
Days on Market
4 days
Listed
May 22, 2026
Last Updated
May 26, 2026
Price/Lot Sq.Ft.
$113/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

100/100
Buyers marketSellers market

59

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).

5/22/2026Listed for sale$849,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5240 SW 106 Ave, Miami FL 33165Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,376/mo

Principal & Interest

$4,519

Property Tax

$708

Insurance

$150

HOA

$0

20% ($169,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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 9 hours ago

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