$ 3,600,000
Address not disclosed Miami, FL 33150
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,600,000
Est. payment /mo
Price Dropped by $200K
Address not disclosed Miami, FL 33150
0.48 Acres Lot
UPDATED:
10/31/2024 01:57 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Phoenix Park Sub
MLS Listing ID A11603893
HOA Y/N No
Annual Tax Amount $18,505
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.4799
Lot Dimensions 139x123
Property Description
Take advantage of this prime opportunity to purchase a 20,906 sq ft development site on Little River, steps away from a developer proposal for a massive project in Miami's West Little River neighborhood. This major development features thousands of mixed-income residential units, commercial spaces, and more.
The subject site comprises two parcels, permitting the construction of an eight-story building with various uses, including Residential units of up to 72 units, Hospitality of up to 144 units, Office space, and Other permitted uses. Additionally, the developer can enjoy a gross income of $174,000 annually while the project is being developed.
The subject site comprises two parcels, permitting the construction of an eight-story building with various uses, including Residential units of up to 72 units, Hospitality of up to 144 units, Office space, and Other permitted uses. Additionally, the developer can enjoy a gross income of $174,000 annually while the project is being developed.
Location
State FL
County Miami-dade
Community Phoenix Park Sub
Area 31
Exterior
Utilities Available Sewer Available, Water Available
Waterfront No
Present Use Other
Building
Lot Description <1 Acre, Rectangular Lot
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-12-048-0140
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Brokers, LLC