139xx SW 272 St
Naranja, FL 33032

Listed at $2,950,000

Details

  • MLS# A11986385
  • Land - Residential
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 3.380 acres
  • Built in 0
  • Local Schools

Description

This development site represents one of the lowest price-per-acre opportunities in the Naranja/South Miami-Dade market, delivering exceptional value for investors and developers alike. The property is zoned R-Edge within the Naranja Community Urban Center District, allowing multifamily developments. The site is comprised of 3 folios totaling 3.38 acres, with an allowable FAR of 3.7. The seller is currently in the process of obtaining ASPR approvals for a 66-unit garden-style multifamily project. Additionally under the Live Local Act, the site may qualify for a density increase of up to 90 units, subject to verification of eligibility and...read more compliance with program requirements. Located directly across from a school and with convenient access to US1, public transit, the Florida Turnpike and major commercial corridors. The site is also located next to a canal which adds a nice buffer and flexibility for site design.

Features

  • $10,396 Taxes
  • Municipal Water
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All Property Features

  • Property Type: Land - Residential
  • Crops Included Y/N: No
  • Days on Site: 28
  • Directions: South Dixie Hwy to SW 272 ST, turn right to SW 140 AV. Site is located next to the elementary school.
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: City Location, Inside Location, Near School, Other Soil Type,3 To Less Than 4 Acre Lot, No Misc/Improvements, Other, Street Lights
  • Lot Size: 3.38 Acres
  • Parcel#: 30-69-34-000-0091
  • Property Attached Y/N: No
  • Property Sub-Type: Residential
  • Sewer: Public Sewer
  • Special View Info: Canal View
  • Taxes: $10,396
  • Utilities: No Utilities, Electricity Available, Sewer Available, Water Available
  • Water: Municipal Water
  • Water Features: Canal Front