1477 NW 79th St new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33147
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Everglades Ave Heights
MLS Listing ID A11871141
HOA Y/N No
Annual Tax Amount $9,441
Tax Year 2024
Lot Size 0.393 Acres
Acres 0.393
Lot Dimensions 186x92
Property Sub-Type Residential
Property Description
SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. Seller financing possible. Can expand the project + 6 floors and up to 185 units total by right (or make the build smaller without resubmitting site plan) Unit count scenarios provided in the attachments.
Nearby developments: Lennar 79th St Project both Swerdlow group projects (37 acre West Little River project, and mixed-use brightline Little River District) HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentives. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county abutting the property. Construction estimate available.
Location
State FL
County Miami-dade
Community Everglades Ave Heights
Area 31
Exterior
Utilities Available Electricity Available,Sewer Available,Underground Utilities,Water Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Restrictions No Deed Restrictions
Tax ID 30-31-11-041-0250
Acceptable Financing Cash,Conventional,1031 Exchange,Owner May Carry
Listing Terms Cash,Conventional,1031 Exchange,Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11871141