Price Check
How this price compares
- List price
- $560,000
- Price per sq ft
- N/A
- Original price
- $649,900
- Days on market
- 245
This lot in Westwood Lake is listed at $560,000. The asking price has come down 13.8% from its original $649,900. It has been on the market for 245 days.
Estimated monthly payment
$2,943 /mo
Principal and interest only, based on $112,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $560,000
- Days on Site
- 245 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.17 Acres
- Property Type
- Land
- MLS #
- A11954445
- Property Tax
- $4,897 (2025)
- Subdivision
- WESTWOOD LAKE
- County
- Miami Dade
- Status
- Active
About This Property
Rare corner lot of approximately 7,500 Sq Ft in a prime central location. Spacious lot situated in a well-established and strategic neighborhood. Excellent opportunity to build a custom home or pursue other permitted uses. Conveniently located just minutes from the Florida Turnpike and directly across from West Bird Plaza, offering major retailers, restaurants, and medical services including Home Depot, Publix, and Winn-Dixie. Commercial properties are located along the same street. Buyer to verify zoning, land use, and development options with the city.Limited availability, opportunity won’t last. Stop by and explore the potential.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 0.17
- Zoning
- 0100
Exterior Features
- Waterfront Features
- None
Community & HOA
- Community Features
- Street Lights
- Utilities
- None
- Financing Terms
- Cash / Other
- MLS Area
- 2400
Schools
- Elementary School
- Royal Palm (Miami-Dade)
- Middle School
- Riviera
- High School
- Southwest Miami
Features & Amenities
About the Community
- Homes for Sale
- 5
- Under Contract
- 0
- Median List Price
- $709,500
- Median $/Sq Ft
- $372
- Avg Days on Market
- 75
Frequently Asked Questions
- How do I schedule a tour of 11450 SW 40th Street, Miami, FL 33165?
- Use the Tour button on this listing to request a showing of 11450 SW 40th Street, Miami, FL 33165. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 11450 SW 40th Street, Miami, FL 33165 still available?
- 11450 SW 40th Street, Miami, FL 33165 is currently listed as Active, and has been on the market 245 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 11450 SW 40th Street, Miami, FL 33165?
- With 20% down ($112,000) on the $560,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11450 SW 40th Street, Miami, FL 33165 is about $2,943/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 11450 SW 40th Street, Miami, FL 33165?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11450 SW 40th Street, Miami, FL 33165. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 11450 SW 40th Street, Miami, FL 33165?
- 11450 SW 40th Street, Miami, FL 33165 is zoned for Royal Palm (Miami-Dade) (elementary), Riviera (middle), Southwest Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 11450 SW 40th Street, Miami, FL 33165?
- Often, yes. The right offer on 11450 SW 40th Street, Miami, FL 33165 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Florida Realty of Miami Corp
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$560,000
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Listed by Blanca M Milanes, Florida Realty of Miami Corp
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Recent Sales
Recently sold homes in Westwood Lake
These are the last 6 recorded closings in Westwood Lake, with the price each home actually sold for rather than what it was listed at. They closed at a median of $593 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$710,000
Sold · September 25, 2026
11431 SW 40th Terrace
4 bed · 2 bath · 1,558 sqft · $456/sqft
$15,000 under the asking price
Sold$635,000
Sold · July 22, 2026
11300 SW 40th Street
3 bed · 1.5 bath · 948 sqft · $670/sqft
$15,000 under the asking price
Sold$500,000
Sold · July 10, 2026
11412 SW 41st Street
4 bed · 2 bath · 1,340 sqft · $373/sqft
$99,999 under the asking price
Sold$680,000
Sold · July 2, 2026
11425 SW 43rd Terrace
3 bed · 2 bath · 1,146 sqft · $593/sqft
$20,000 under the asking price
Sold$720,000
Sold · June 9, 2026
4041 SW 117th Avenue
3 bed · 2 bath · 1,824 sqft · $395/sqft
$30,000 under the asking price
Sold$500,000
Sold · May 21, 2026
4135 SW 116th Avenue
3 bed · 1 bath · 808 sqft · $619/sqft
$5,000 over the asking price
See every recorded sale in Westwood Lake or find out what your Westwood Lake home is worth.
