$1,599,000

Price reduced

1477 NW 79th St, Miami FL 33147

MLS# A12032771

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About this property

SELLER FINANCING WITH VERY FAVORABLE TERMS TO THE BUYER. 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. Appraisal came in above current list price!

Property details

Property type
Land
Property taxes
$9,441/yr
Building / community
Everglades Ave Heights
Status
Price reduced
MLS #
A12032771

Listing courtesy of Zilla Real Estate, Inc.

Location

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