$3,999,000
12475 SW 56th Street
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $3,999,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 193
This commercial property in ZIP 33175 went under contract with an asking price of $3,999,000. It spent 193 days on the market before going under contract.
Estimated monthly payment
$21,016 /mo
Principal and interest only, based on $799,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,999,000
- Days on Site
- 193 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 400 sqft
- Lot Size
- 4.64 Acres
- Year Built
- 1951
- Property Type
- Commercial
- MLS #
- A11986607
- County
- Miami Dade
- Status
- Under Contract
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1951
- Lot Size (Acres)
- 4.64
- Total Sq Ft
- 400
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 9000
Community & HOA
- Financing Terms
- Cash / Conventional
- MLS Area
- 2490
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 12475 SW 56th Street, Miami, FL 33175?
- Use the Tour button on this listing to request a showing of 12475 SW 56th Street, Miami, FL 33175. 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 12475 SW 56th Street, Miami, FL 33175 still available?
- 12475 SW 56th Street, Miami, FL 33175 is currently listed as Under Contract, and has been on the market 193 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 12475 SW 56th Street, Miami, FL 33175?
- With 20% down ($799,800) on the $3,999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12475 SW 56th Street, Miami, FL 33175 is about $21,016/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 12475 SW 56th Street, Miami, FL 33175?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12475 SW 56th Street, Miami, FL 33175. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 12475 SW 56th Street, Miami, FL 33175?
- Often, yes. The right offer on 12475 SW 56th Street, Miami, FL 33175 depends on how it's priced against comparable commercial 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 Global Investments Realty
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.
$3,999,000
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Listed by Joel Rodriguez, Global Investments Realty
Map & Location
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Recent Sales
Recently sold homes in ZIP 33175
These are the last 6 recorded closings in ZIP 33175, with the price each home actually sold for rather than what it was listed at. They closed at a median of $406 per square foot. The most recent closed on October 9, 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$1,065,000
Sold · October 9, 2026
14606 SW 22nd Terrace
5 bed · 4 bath · 2,806 sqft · $380/sqft
$10,000 under the asking price
Sold$825,000
Sold · October 7, 2026
14020 SW 38th Street
4 bed · 2 bath · 2,082 sqft · $396/sqft
$14,999 under the asking price
Sold$1,138,000
Sold · October 5, 2026
11835 SW 37th Street
5 bed · 3 bath · 2,802 sqft · $406/sqft
$112,000 under the asking price
Sold$3,250,000
Sold · October 5, 2026
2835 SW 132nd Avenue
7 bed · 6 bath · 5,789 sqft · $561/sqft
$250,000 under the asking price
Sold$465,000
Sold · October 5, 2026
2524 SW 122nd Court
3 bed · 2.5 bath · 1,430 sqft · $325/sqft
$9,900 under the asking price
Sold$890,000
Sold · October 5, 2026
14540 SW 22nd Street
4 bed · 3.5 bath · 1,927 sqft · $462/sqft
$1 over the asking price
See every recorded sale in ZIP 33175 or find out what your ZIP 33175 home is worth.
