Miami, FL 33138,Address not disclosed

$680,000

$849,000

19.9%
Est.Price: ?

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Est. payment /mo

54,720 SqFt


SOLD DATE : 06/10/2013

Key Details

Sold Price $680,000

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 54,720 sqft

Price per Sqft $12

Subdivision Tuttles Sub

MLS Listing ID A1727607

Sold Date 06/10/13

HOA Y/N No

Annual Tax Amount $17,536

Tax Year 2011

Lot Size 1.260 Acres

Acres 1.26

Lot Dimensions 180x305

Property Description

Vacant land for development in Miami. 54720 SQ FT +/- or 1.256 acres +/-.Density of 50 units per acre allows development of up to 62 resi units & FAR of 2.0 for up to a 9story bldg.Build up to 109940 SQFT of buildable area of which approx 87550 SQFT is se llable/rentable area for large rental units over 1200 SQFT +/- each.Parking ratios apply;inquire with broker.Buy low &sell high to tax-credit developers.Developer ready to contract at $1.62mm for buyer willing to hold for potential tax-credit approvals

Location

State FL

County Miami-dade County

Community Tuttles Sub

Area 32

Direction BISCAYNE BLVD TO NE 83RD STREET. VACANT LAND JUST EAST OF THE LAST PROPERTY ON THE RIGHT-SIDE (NORTH) JUST BEFORE NE 4TH PLACE. 180 FRONT FEET BETWEEN APARTMENT BUILDING AND ANOTHER VACANT SLIVER OF LAND.

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Present Use Hotel/Motel

Building

Sewer Public Sewer

Water Public

Others

Tax ID 30-32-07-020-0130

Ownership Corporation

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Financing Other,See Remarks

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Listed by Majestic Properties Lincoln Road Inc
Bought with Global Investments Realty
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