$1,300,000
Est. payment /mo
20,000 Acres Lot
Price Dropped by $1.3M
18161 SW 98th Ct Palmetto Bay, FL 33157
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Morningside Acres
MLS Listing ID A11861142
HOA Y/N No
Annual Tax Amount $8,546
Tax Year 2024
Lot Size 20000.000 Acres
Acres 20000.0
Lot Dimensions 100x200
Property Description
The properties at 18191 SW 97 Avenue and 18200 Holcomb Avenue in Palmetto Bay offer a strong opportunity for multifamily development. Together, the parcels total nearly 20,000 square feet and are located within an Opportunity Zone, creating favorable conditions for redevelopment. Strategically positioned near US-1, they benefit from proximity to retail, dining, and new commercial growth, all of which support higher density residential demand. Palmetto Bay, known as the “Village of Parks,” is a desirable, family-oriented community with strong schools and amenities, making these parcels ideal for rezoning into mid-rise multifamily housing with long-term appreciation potential.
Location
State FL
County Miami-dade
Community Morningside Acres
Area 30
Direction gps
Exterior
Utilities Available Electricity Available, Sewer Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 33-50-32-007-0860
Acceptable Financing Cash
Listing Terms Cash
Listed by The Hype Real Estate Group Corp
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