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Miami,FL 33150
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Forest Park
MLS Listing ID A11792450
Annual Tax Amount $6,599
Tax Year 2024
Lot Size 7,100 Sqft
Property Sub-Type Residential
Property Description
Covered land play with existing house worth asking. Develop 8 townhomes w/ garages between Wynwood, Magic City, Little River, Miami Beach, MIA Airport, & the new Swerdlow Group development of 5,000 units in Miami, FL. 7,100 SF lot Zoned T5-R. “Opportunity Zone” great since plans are ready to come out of the ground. Alternatively, the Live Local Act allows up to 20 units or change to small apartments for 10 units by right; subject to parking requirements. Budget friendly ‘Covered land play' for income until one demolishes & develops. This home is used as a 3/2, is updated, & rented. Complimentary APPROVED PLANS, pending only the payment of impact & permit fees. Development calls for 8 separate water & sewer & FP&L meters, plus rooftops w/ summer kitchens.
Location
State FL
County Miami-dade
Community Forest Park
Area 31
Exterior
Utilities Available Electricity Available,Sewer Available,Trash Collection,Water Available
Building
Lot Description <1 Acre,Irregular Lot
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11792450