$1,100,000
$1,350,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
9000 SW 168th Avenue Palmetto Bay, FL 33157
3.08 Acres Lot
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Unplatted
MLS Listing ID A10639746
Sold Date 09/17/20
HOA Y/N No
Annual Tax Amount $13,441
Tax Year 2018
Contingent Backup Contract/Call LA
Lot Size 3.080 Acres
Acres 3.08
Lot Dimensions 411x418
Property Description
Located on the Northeast corner of SW 168th Street and SW 90th Avenue, this +/- 3.15 Acres of Vacant Land is is zoned AG (Agriculture) with a designated future land use of Low Density Residential. The Property represents a rare clean-slate development opportunity in an established, mature market. Other development sites in the area are mainly redevelopment or in-fill in nature, making the Property unique in its ability to offer a blank canvas for new development. Additionally, the existing inventory single family homes is mostly aging, and newer, updated construction will likely enjoy significant pricing power in comparison to the majority of its competition. The property is within close proximity to US1 (30,000 ADT).
Location
State FL
County Miami-dade County
Community Unplatted
Area 50
Direction Turn East from US1 and 168th Street. The property will be located a few clocks on the South side of the road.
Exterior
Utilities Available None
Waterfront No
Present Use Agricultural
Building
Lot Description 5-10 Acres
Sewer Other
Water Other
Others
Tax ID 33-50-33-000-0110
Ownership Corporation
Financing Cash
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Bought with Executive Real Estate Advisors Corp.