$1,779,000
For Sale

1477 NW 79th St

Miami, FL 33147
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. Seller financing possible. Can expand the project + 6 floors and up to 185 units total by right (or make the build smaller without resubmitting site plan) Unit count scenarios provided in the attachments.
Nearby developments: Lennar 79th St Project 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. 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. Updated water/sewer infrastructure provided by the county abutting the property. Construction estimate available.

  • Property Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Underground Utilities, Water Connected, Electricity Available, Sewer Available, Water Av
      • Lot DescriptionCorner Location, Build To Suit, Cleared
      • SubdivisionEVERGLADES AVE HEIGHTS
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Property SubtypeResidential
      • Structure TypeResidential
      • MLS #A11871142
      • MLS #A11871142
      • Property TypePurchase
      • Cost1779000
      • Acres0.393

Location

Wil EstradaThe Estrada Group
OR

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Interest Rate

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6.0%

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2.6%
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