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Key Details
Sold Price $1,550,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Fairview
MLS Listing ID A11646760
Sold Date 11/01/24
HOA Y/N No
Annual Tax Amount $25,048
Tax Year 2023
Contingent No Contingencies
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.
Location
State FL
County Miami-dade
Community Fairview
Area 41
Exterior
Waterfront No
Building
Faces North
Others
Tax ID 01-41-14-001-0040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with One Sotheby's International Realty
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