Rare opportunity to acquire a lakefront residential development parcel in the growing Goulds area of South Miami-Dade County.
This 1.52-acre site is zoned RU-2 Residential, with RU-2 zoning already approved, allowing up to 9 dwelling units pursuant to the recorded zoning covenant. The property offers direct lake frontage and is uniquely situated adjacent to William Randolph Community Park, providing a highly desirable setting with water views, park access, recreational amenities, and natural open space.
Seller Financing Available for Up to 70% of the Purchase Price at 10% Interest, with a 5-Year Balloon Payment.
For Sale By Owner – Seller represented by Real Estate Attorney. All offers, letters of intent, and development inquiries should be submitted in writing. Seller is not seeking listing representation, and broker solicitation is respectfully declined at this time.
For sale by owner
$2,700,000
11971 Bailes Rd, Miami, FL 33170
4beds
2,330sqft
MultiFamily
Built in 1984
-- sqft lot
$-- Zestimate®
$1,159/sqft
$-- HOA
What's special
Park accessRecreational amenitiesDirect lake frontageNatural open space
What the owner loves about this home
This unique development parcel offers direct lake frontage with scenic water views and utilities available in the immediate area. Surrounded by significant green space and nature preserve areas, the property provides exceptional privacy and a rare natural setting that is increasingly difficult to find in Miami-Dade County. Its waterfront location and tranquil surroundings create strong potential for luxury residential development, while its position directly adjacent to William Randolph Community Park makes it one of the few privately owned development parcels in the area with immediate access to a public park, enhancing both its lifestyle appeal and long-term value.
- 11 days |
- 309 |
- 12 |
Listed by:
Property Owner (786) 553-9557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central
Interior area
- Total interior livable area: 2,330 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
- Has view: Yes
- View description: Park, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.52 Acres
Details
- Parcel number: 3069130001110
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Other
Condition
- New construction: No
- Year built: 1984
Community & HOA
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,159/sqft
- Tax assessed value: $814,486
- Annual tax amount: $8,853
- Date on market: 6/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,970/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $2,700,000+80%$1,159/sqft |
Source: Owner Report a problem | ||
| 5/26/2025 | Listing removed | $1,500,000$644/sqft |
Source:  MIAMI #A11698842 Report a problem | ||
| 12/10/2024 | Listed for sale | $1,500,000$644/sqft |
Source: MIAMI #A11698842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,853 +2.8% | $522,051 +2.9% |
| 2024 | $8,613 +4.3% | $507,339 +3% |
| 2023 | $8,262 +3.6% | $492,563 +3% |
| 2022 | $7,972 +175.5% | $478,217 +170.3% |
| 2021 | $2,894 +1.2% | $176,921 +1.4% |
| 2020 | $2,860 +2.3% | $174,479 +2.3% |
| 2019 | $2,797 +5.2% | $170,557 +1.9% |
| 2018 | $2,659 | $167,377 +2.1% |
| 2017 | $2,659 +0.9% | $163,935 +2.1% |
| 2016 | $2,634 +0.2% | $160,564 +0.7% |
| 2015 | $2,628 -1.1% | $159,448 +0.8% |
| 2014 | $2,656 +8% | $158,183 +1.5% |
| 2013 | $2,460 | $155,846 +5% |
| 2012 | $2,460 +2.5% | $148,374 +3% |
| 2011 | $2,399 -5% | $144,053 +1.5% |
| 2010 | $2,526 +9.6% | $141,925 +2.7% |
| 2009 | $2,305 -6.4% | $138,194 +26.7% |
| 2007 | $2,464 -4.2% | $109,035 |
| 2006 | $2,572 | -- |
| 2005 | $2,572 +1.7% | -- |
| 2004 | $2,529 +6.1% | -- |
| 2003 | $2,385 +3.3% | -- |
| 2002 | $2,309 | -- |
| 2001 | $2,309 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Goulds
Nearby schools
GreatSchools rating
- 8/10Pine Villa Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Miami Southridge Senior High SchoolGrades: 8-12Distance: 2.3 mi
- 5/10Cutler Bay MiddleGrades: 6-8Distance: 3.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33170
- Goulds
- 11971 Bailes Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Miami Topics
