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Active Single Family Residence
$849,000
5240 SW 106 Ave, Miami FL 33165, Miami, FL 33165
3 Beds
Bedrooms
1 Baths
Bathrooms
1,274 sqft
Living Area
2026
Year Built
Market Insight

The listing price is 25.4% above the average comparable sale price per square foot. It is $149,000 above the median comparable sale price of $700,000.

About This Property

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

Property Details

Property Type Single Family Residence
Days on Market 4 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community HEFTLER HOMES SEC 3
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Snapper Creek Elementary
Elementary 305-271-2111
PK-5
10151 SW 64 St., Miami, FL 33173
Glades Middle
Middle 305-271-3342
6-8
9451 SW 64 St., Miami, FL 33173
Southwest Miami Senior High
High School 305-274-0181
9-12
8855 SW 50 Terr., Miami, FL 33165

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami

Est. Market Value
$692,066
Range: $660,000 – $730,000
Listed 22.7% above estimated market value ($156,934 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
10720 SW 55th Ter, Miami FL 33165
WESTWOOD LAKE 10TH ADDN · 1959
$570,000
Apr 17, 2026
$590,000
$484/sf
3
1
1,177
-3.4%
4721 SW 108th Ave, Miami FL 33165
WESTWOOD LAKE 3RD ADDN · 1957
$660,000
Apr 17, 2026
$649,000
$528/sf
3
2
1,250
+1.7%
4335 SW 98th Ct, Miami FL 33165
PLAT OF CAMNER TERR · 1959
$710,000
Apr 10, 2026
$719,000
$528/sf
3
2
1,344
-1.3%
5425 SW 112th Ave, Miami FL 33165
WESTWOOD LAKE 6TH ADDN · 1957
$660,000
Mar 18, 2026
$675,000
$483/sf
3
2
1,367
-2.2%
10441 SW 50th Ter, Miami FL 33165
HEFTLER HOMES SEC 3 · 1959
$700,000
Mar 6, 2026
$699,000
$595/sf
3
2
1,176
+0.1%
11030 SW 42 ST, Miami FL 33165
County records · 1956
$670,000
Mar 12, 2026
$490/sf
3
1
1,368
5250 SW 96th Ave, Miami FL 33165
MILLER HEIGHTS SEC 5 · 1959
$750,000
Oct 17, 2025
$750,000
$541/sf
3
2
1,387
+0%
11150 SW 64th St, Miami FL 33173
WESTWOOD ESTS SEC 1 2ND A · 1963
$795,000
Oct 6, 2025
$820,000
$568/sf
3
2
1,400
-3%
5031 SW 102nd Ct, Miami FL 33165
HEFTLER HOMES SEC 3 · 1959
$650,000
Sep 8, 2025
$675,000
$513/sf
3
2
1,268
-3.7%
4031 SW 104th Ave, Miami FL 33165
HEFTLER HOMES SEC 1 · 1959
$730,000
Jul 18, 2025
$739,000
$540/sf
3
2
1,352
-1.2%
$700,000
Median Sale
$691,666
Trimmed Avg
$531/sf
Avg $/sqft
9 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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