$3,400,000
$3,700,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
1,175 SqFt
SOLD DATE : 03/30/2022
Key Details
Sold Price $3,400,000
Property Type Vacant Land
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $2,893
Subdivision Crystal Colony
MLS Listing ID A10758878
Sold Date 03/30/22
HOA Y/N No
Annual Tax Amount $3,603
Tax Year 2018
Contingent No Contingencies
Lot Size 0.696 Acres
Acres 0.6959
Lot Dimensions 197x152
Property Description
Exceptional investment/development opportunity in highly sought-after Florida International University area. This immense & unique corner lot is currently zoned for multi-family 22-37 U/A with potential to rezone for expansion easily allowing for a significant increase in units/density. Conveniently located between SW 8th St & Flagler St; a few blocks from SW 107th Ave and the University’s main campus. This incredible location offers an ideal opportunity to capitalize on the impact of the University’s ongoing expansion, resulting in a constant need for more housing in the area. Includes a 2/1 house which can be used as an office during development phases. Easy access to turnpike, major roads, malls, Miami Intl airport, public transportation, restaurants, and shops.
Location
State FL
County Miami-dade County
Community Crystal Colony
Area 40
Direction Head West on SW 8th Street, turn north (right) onto SW 109 Avenue or head north on SW 107 Avenue, turn west (left) on SW 2nd Street.
Exterior
Utilities Available Electricity Available, Trash Collection, Water Available
Present Use Multi-Family
Street Surface Paved
Building
Lot Description <1 Acre
Sewer Septic Tank
Water Public
Others
Tax ID 25-40-06-071-0010
Ownership Other Ownership
Financing Cash
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Bought with BHHS EWM Realty
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