9720 SW 181st Ter, Palmetto Bay, FL 33157

$550,000 Asking Price

2 beds
1 bath
650  sqft
Built in 1950

Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay’s highly desirable "Opportunity Zone." Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don't miss this must-see opportunity!

Features & Amenities

Interior

General:
First Floor Entry, Den/Library/Office, Family Room, Other
Flooring:
Ceramic Floor
A/C:
true, Central Air
Heating:
true, Central

Exterior

Style:
Detached, One Story
Parking:
Driveway

Construction

Roofing:
Shingle
General:
CBS Construction

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
0100, 32 55 40 MORNINGSIDE ACRES PB 46-7 LOT 9 BLK 4 LOT SIZE 96.070 X 125 OR 20661-4434 092002 1 F/A/U 30-5032-007-0380, 33-50-32-007-0380
View:
None
Fencing:
Fenced

Utilities

Utilities:
Circuit Breakers
Water:
Municipal Water
Sewer:
Septic Tank

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Inspired Lifestyle Realty, LLC, Terry Clarke

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: