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$10,490,000
Est. payment /mo
6.87 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11500621
HOA Y/N No
Annual Tax Amount $21,898
Tax Year 2023
Lot Size 6.870 Acres
Acres 6.87
Property Sub-Type Residential
Property Description
PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.
Location
State FL
County Miami-dade
Area 69
Zoning 9000
Direction Centrally located of US-1 in the heart of a growing community in SW Miami-Dade. EAST OF SOUTH DIXIE HWY., (us-1) WITH 682' FRONTAGE AND ACESS ON SW 236 ST.
Exterior
Waterfront Description Canal Front
View Canal
Street Surface Other,Paved
Private Pool Yes
Building
Lot Description 5-10 Acres
Faces Southeast
Others
Tax ID 30-69-24-000-0800
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11500621
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Listed by The Katsikos Group, Inc.
NEARBY SCHOOL & BUSINESS
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