What is the condition of the home at 8339 SW 112th St?

The public description presents this as a renovation or teardown opportunity. The existing home is from 1941. A buyer should plan for significant updates or rebuilding.

How does the lot size compare to typical properties?

The lot is 51,836 square feet, which is very large. The listing describes it as a sprawling lot suitable for building an estate.

What is the basis for the $2,400,000 asking price?

The price is positioned relative to the land value and redevelopment potential. The listing notes that nearby homes are listed and selling for over $3.5 million, suggesting this is priced for the lot and opportunity.

Is this home move-in ready?

No. Based on the description highlighting renovation or teardown, it is not presented as a move-in ready property. A buyer should budget for construction.

What area of Miami is this property in?

It is located in the Kendall area of Miami, with an address in Miami, FL, 33156. The listing mentions it is just minutes from US 1 and Pinecrest.

Who is this property marketed for?

The public description suggests it's for a savvy investor, developer, or individual looking to build a dream estate, given the emphasis on the lot's potential and upside.