$5,175,000
$5,600,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2.44 Acres Lot
SOLD DATE : 02/14/2022
Key Details
Sold Price $5,175,000
Property Type Vacant Land
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Morningside Acres
MLS Listing ID A11103610
Sold Date 02/14/22
HOA Y/N No
Annual Tax Amount $29,328
Tax Year 2020
Contingent No Contingencies
Lot Size 2.440 Acres
Acres 2.44
Property Description
Rare developer’s opportunity in Village of Palmetto Bay. Site consists of eight lots totaling over 2 acres in the Downtown Urban Village. The site is approved for 69 residential townhouse apartments and is a designated IRS economic opportunity zone. The townhome apartment design includes three different models, each with private garages. Approved architect design and development is included. Buyer would need to complete plans & apply for permits.
Location
State FL
County Miami-dade County
Community Morningside Acres
Area 50
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront No
Present Use Multi-Family
Building
Sewer Septic Tank
Water Public, Well
Others
Tax ID 33-50-32-007-0710
Financing Cash
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Bought with Wider Realty