Palmetto Bay, FL 33157,9000 SW 168th Avenue
Palmetto Bay, FL 33157,9000 SW 168th Avenue
Palmetto Bay, FL 33157,9000 SW 168th Avenue
Palmetto Bay, FL 33157,9000 SW 168th Avenue
Palmetto Bay, FL 33157,9000 SW 168th Avenue
Palmetto Bay, FL 33157,9000 SW 168th Avenue
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$1,100,000

$1,350,000

18.5%
Est.Price: ?

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Est. payment /mo

3.08 Acres Lot


SOLD DATE : 09/17/2020

Key Details

Sold Price $1,100,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Unplatted

MLS Listing ID A10639746

Sold Date 09/17/20

HOA Y/N No

Annual Tax Amount $13,441

Tax Year 2018

Contingent Backup Contract/Call LA

Lot Size 3.080 Acres

Acres 3.08

Lot Dimensions 411x418

Property Description

Located on the Northeast corner of SW 168th Street and SW 90th Avenue, this +/- 3.15 Acres of Vacant Land is is zoned AG (Agriculture) with a designated future land use of Low Density Residential. The Property represents a rare clean-slate development opportunity in an established, mature market. Other development sites in the area are mainly redevelopment or in-fill in nature, making the Property unique in its ability to offer a blank canvas for new development. Additionally, the existing inventory single family homes is mostly aging, and newer, updated construction will likely enjoy significant pricing power in comparison to the majority of its competition. The property is within close proximity to US1 (30,000 ADT).

Location

State FL

County Miami-dade County

Community Unplatted

Area 50

Direction Turn East from US1 and 168th Street. The property will be located a few clocks on the South side of the road.

Exterior

Utilities Available None

Waterfront No

Present Use Agricultural

Building

Lot Description 5-10 Acres

Sewer Other

Water Other

Others

Tax ID 33-50-33-000-0110

Ownership Corporation

Financing Cash

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Listed by Compass Florida, LLC
Bought with Executive Real Estate Advisors Corp.

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