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$1,490,000
Est. payment /mo
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Phelans Manor
MLS Listing ID A11899551
HOA Y/N No
Annual Tax Amount $4,583
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Other
Property Description
PRICE IMPROVEMENT — $300,000 BASIS RESET | NOW OFFERED AT $1,490,000. Seller financing available with flexible terms. ±10,786 SF mixed-use development site in West Little River with near-approved plans for an 8-story, 50-unit project comprising 48 residences (36 1B/1B, 6 1B+Den/1B and 6 2B/2B, including 6 workforce units) plus 2 ground-floor retail spaces totaling 1,666 SF. Includes 34 parking spaces, with 7 EV-ready stalls. Approvals are nearing completion, significantly reducing entitlement risk and predevelopment time. Located at NW 22nd Ave and NW 90th St within an Opportunity Zone. Current pro forma projects approximately $1.26M in annual gross potential income. Plans, financials and full development package available upon request.
Location
State FL
County Miami-dade
Community Phelans Manor
Area 31
Zoning UC CENTER
Exterior
Private Pool Yes
Building
Faces West
Others
Tax ID 30-31-03-023-0010
Acceptable Financing Cash, 1031 Exchange, Owner May Carry
Listing Terms Cash, 1031 Exchange, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11899551
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Listed by Fausto Commercial Realty Consultants Inc
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