Description
GROUND LEASE OPPORTUNITY-ALSO FOR SALE: MLS: A11787665Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2.5+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
Details
| MLS # | A12008584 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 163 |
| Listing Provided By | Coldwell Banker Realty | Rosy Cancela |
Features
| Zoning | 6600 |
|---|---|
| Acreage | 2.50 |
Exterior
| Lot Features | Two To Three Acres, Corner Lot, Flood Zone, Irregular Lot |
|---|
Taxes
| Tax Annual Amount | 32243 |
|---|
Location
| Community Features | Shopping |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33170 |
| Area | 2690 |
| Community Name | SILVER PALM PARK |
| Listing VS Median (in SILVER PALM PARK) | |
Price: $54,450 low | high Med: $635,000 On site: 163 low | high Med: 198 | |
Market Activity 33170
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33170 |
| Area | 2690 |
| Community Name | SILVER PALM PARK |
| Listing VS Median (in SILVER PALM PARK) | |
Price: $54,450 low | high Med: $635,000 On site: 163 low | high Med: 198 | |
