$680,000
$849,000
19.9%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Miami, FL 33138
54,720 SqFt
Key Details
Sold Price $680,000
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 54,720 sqft
Price per Sqft $12
Subdivision Tuttles Sub
MLS Listing ID A1727607
Sold Date 06/10/13
HOA Y/N No
Annual Tax Amount $17,536
Tax Year 2011
Lot Size 1.260 Acres
Acres 1.26
Lot Dimensions 180x305
Property Description
Vacant land for development in Miami. 54720 SQ FT +/- or 1.256 acres +/-.Density of 50 units per acre allows development of up to 62 resi units & FAR of 2.0 for up to a 9story bldg.Build up to 109940 SQFT of buildable area of which approx 87550 SQFT is se llable/rentable area for large rental units over 1200 SQFT +/- each.Parking ratios apply;inquire with broker.Buy low &sell high to tax-credit developers.Developer ready to contract at $1.62mm for buyer willing to hold for potential tax-credit approvals
Location
State FL
County Miami-dade County
Community Tuttles Sub
Area 32
Direction BISCAYNE BLVD TO NE 83RD STREET. VACANT LAND JUST EAST OF THE LAST PROPERTY ON THE RIGHT-SIDE (NORTH) JUST BEFORE NE 4TH PLACE. 180 FRONT FEET BETWEEN APARTMENT BUILDING AND ANOTHER VACANT SLIVER OF LAND.
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Hotel/Motel
Building
Sewer Public Sewer
Water Public
Others
Tax ID 30-32-07-020-0130
Ownership Corporation
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Other,See Remarks
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Bought with Global Investments Realty