1477 NW 79th St, Miami, Florida, United States, 33147

1,599,000
for Sale
17,156

About the 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 Type:
Commercial Land
Status:
for Sale
Acres:
0.393
Heating Type:
0
Is Land:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Retail:
Yes
Is Unit:
Yes
Listing ID:
A12032771

Rooms

Dimensions

Brokered by:
Zilla Real Estate, Inc
Presented By: