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$ 1,899,000
Est. payment /mo
Active
1477 NW 79th St Miami, FL 33147
0.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Everglades Ave Heights
MLS Listing ID A11791671
HOA Y/N No
Annual Tax Amount $9,441
Tax Year 2024
Lot Size 0.393 Acres
Acres 0.393
Property Sub-Type Residential
Property Description
SITE PLAN APPROVED project for 126 units + retail. Priced to move because of partnership dissolution. Seller financing with as little as 25% down. Can expand the project an additional 6 floors and up to 185 units total by right (or make the build smaller, asking $ works for a smaller project) Nearby developments include Lennar 79th St project, the Swerdlow Group mixed-use brightline mega project and HueHub project of over 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. Cost savings of $1,713,600 off the construction estimate. New water/sewer infrastructure provided by the county and is being installed along all three sides of the property. Full 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
Faces South
Water Public
Others
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/A11791671
Listed by Zilla Real Estate, Inc
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