1477 NW 79th Street, Miami, FL 33147

$1,599,000

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List Price
$1,599,000
Status
ACTIVE
Days on Market
95
Price Change
▼ $60,000 1787235546
MLS#
A12032771
Subtype
Land
Lot Size
17,156
Acres
0.39
Subdivision
Everglades Ave Heights
MLS Area Major
2310

Property Description

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. POINTS OF CONNECTION FOR 12 INCH WATER MAIN AND 8 INCH GRAVITY SEWER READY TO CONNECT TODAY! WASD LOA and POC available. Property bigger than property records.(Approved scaled down 56 unit/8 story site plan option available ready to go to permitting with subtnatial compliance). Another option buyer can expand the project + 6 floors and up to 185 units total by right. Nearby developments in the attachments. Both Swerdlow group projects (37 acre West Little River project, and mixed-use brightline Little River District) HueHub on 84th St w/ 4,032 units as well as two Blackstone redevelopment projects at 1250 NW 79th and 2640 NW 79th St. 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 Incentives. Cost savings of $1,713,600 off construction estimate. Construction estimate available. Best priced project in the zip code by far! OM AVAILABLE IN THE ATTACHMENTS. Seller financing possible. Appraisal came in above current list price!

Additional Information

Taxes
$9,441
Elementary School
Arcola Lake
Middle School
Madison
High School
Miami Central

Listing courtesy of Zilla Real Estate, Inc. Contact:

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Agent: Briana Gowen | Email: briana.gowen@gmail.com