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$1,825,000

Est. payment - /mo

0.39 Acres Lot

Price Dropped by $74K

1477 NW 79th St Miami, FL 33147

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

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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/Opportunity Zone a project for 126 units + retail. Parnership dissolution. Seller financing as little as 25% down and favorable terms. 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: Lennar and Swerdlow group 79th St projects, Swerdlow Group mixed-use brightline mega project and 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. Cost savings of $1,713,600 off construction estimate. New water/sewer infrastructure provided by the county and is being installed along all three sides of 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

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

+1(786) 203-8671

sammysellsmiami@gmail.com

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