1477 NW 79th St Miami, FL 33147 |
Price: $1,770,900 |
Type of Property: Income/MultiFamily | Area: 31 |
Style of Property: Unimproved Multi Family (5+Units) |
ID#: 1011452056 | Zoning_Information: 6062 |
Tax Amount: 9441 |
Status: Active & Available | Tax Year: 2023 |
Approximate Lot Size: 18600
|
County: Miami-Dade County |
Folio Number: 30-31-11-041-0250 |
Listed Date year/month/day: 2023-09-13 |
Legal:EVERGLADES AVE HGTS PB 16-66 LOTS 21 THRU 24 INC LESS S15FT FOR R/W BLK 3 LOT SIZE 186.00 X 85.00 OR 15688-1483 0692 4 |
Price includes ASPR approval 126 unit apartment building plus retail. Estimated all in development cost of $28.1 million including land. Gross income of $3.1 million. Estimate in attachments. Can be delivered shovel ready for $3 million by April 2024. Price flexible based on where project is in approvals.
Currently there are 80 plus parking spaces, but is entitled to a 76% reduction in parking and you can add additional units in its place up to 185 units, or as many as you can fit in 15 stories. Not in a flood zone. Possible owner financing. Near the planned SOAR park on NW 79th St with over 4,000 units.
5 year average price change in West Little River has been +$184,710 or 92%!
Possible to combine with ASPR approved projects at 4595 NW 22nd Ct and/or 2181 NW 90th St. |