1477 NW 79th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33147
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Everglades Ave Heights
MLS Listing ID A11791671
Annual Tax Amount $9,441
Tax Year 2024
Lot Size 0.393 Acres
Property Sub-Type Residential
Property Description
SITE PLAN APPROVED/Opportunity Zone a project for 126 units + retail. Parnership dissolution. Seller financing as little as 25% down and favorable terms. Can expand the project an additional 6 floors and up to 185 units total by right (or make the build smaller, works for a smaller project) Nearby developments: Lennar and Swerdlow group 79th St projects, Swerdlow Group mixed-use brightline mega project and HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentivites. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county and is being installed abutting the property. Construction estimate available.
Location
State FL
County Miami-dade
Community Everglades Ave Heights
Area 31
Exterior
Utilities Available Electricity Available,Sewer Available,Underground Utilities,Water Available
Building
Water Public
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Owner May Carry
Listing Terms Cash,Conventional,1031 Exchange,Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11791671