162 COURT SW 70 ST new Save Request In-Person Tour Request Virtual Tour
Kendall,FL 33193
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Sunset Lakes Estates 1St
MLS Listing ID A11839284
Annual Tax Amount $55
Tax Year 2024
Lot Size 6.760 Acres
Property Sub-Type Other
Property Description
Formerly a community lake and green area, this exceptional 6-acre property in Kendall includes a valuable DERM LOI outlining required steps for partial lake fill-in. Comparable residential land in this prime area is valued at over $6M, but this unique parcel is attractively priced to reflect the necessary initial investment and sweat equity. Preliminary engineering strongly supports development into a rental community featuring a boutique clubhouse, community pool, and scenic lakeside walking trail, delivering dual income streams: rental revenue and HOA amenity fees income projections range from $480K–$1.44M annually. Buyer will receive RSP Engineers' preliminary conceptual site plan ready for County approval. Seize this rare equity-building opportunity.
Location
State FL
County Miami-dade
Community Sunset Lakes Estates 1St
Area 49
Exterior
Utilities Available Other,Water Available
Waterfront Description Lake Front,Lake Privileges
View Lake
Building
Lot Description 5-10 Acres
Sewer Public Sewer,Other
Water Public,Other
Others
Acceptable Financing Cash,1031 Exchange,Investor Financing,Lease Purchase
Listing Terms Cash,1031 Exchange,Investor Financing,Lease Purchase
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11839284