Thank you
Alexandros Tsoulfas
STL Advisors, LLC
561-901-1402
Opportunity to purchase a prime hard corner development site in Little River, Miami’s hottest emerging market. Little River is seeing a rapid transformation, with an influx of bullish investors predicting a Wynwood like transformation. The property is in direct proximity to the Little River business district. There are at least three major development projects planned within two blocks of the subject property. Two of the sites are on the same street with a combined 357 residential units planed. On one site, directly to the west, the developers plan to build 320,000 SF of class A commercial space. The property also has about $66,500 in gross rental income, with ability to increase rents, offering a developer cash to cover costs while waiting to break ground.
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Lot Dimensions: 210x135
Main Square Feet: 25332
Lot Size Acres: 0.58
Lot Size Square Feet: 25332
Lot Description: Item1Acre
Subdivision: LITTLE RIVER EXTENSION
Source Property Type: Land
Postal Code Plus 4: 5312
Zoning Description: 7700
Original List Price: $3500000
Original List Price: $3500000
Parcel Number: 01-31-12-030-0350
Tax Year: 2023
Annual Tax: $14305
Tax Legal Desc: 12 53 41 LITTLE RIVER EXT PB 9-138 LOTS 16 THRU 20 BLK 2 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 15688 SQ FT M/L
ElectricityAvailable,NaturalGasAvailable,SewerAvailable,TrashCollection,WaterAvailable
WaterSource: Public
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
930 NE 74th St, Miami, FL,33138 | $6,950,000 | 5 | 6 | 4,711 | 9558 Sqft |
8327 NE 2nd Ct, Miami, FL,33138 | $495,000 | 3 | 1 | 1,300 | 5960 Sqft |
7851 Dunham Blvd #10, Miami, FL,33138 | $189,900 | 1 | 1 | 630 | -- |
780 NE 69th St #2504, Miami, FL,33138 | $355,000 | 2 | 2 | 1,225 | -- |
780 NE 69th St #1408, Miami, FL,33138 | $479,000 | 2 | 2 | 1,219 | -- |
1019 NE 87th St, Miami, FL,33138 | $2,999,000 | 5 | 4 | 2,368 | 8370 Sqft |
7516 NE 1st Ave #102, Miami, FL,33138 | $205,000 | 1 | 1 | 720 | -- |
880 NE 69th St #5Q, Miami, FL,33138 | $430,000 | 1 | 1 | 831 | -- |
4000 Towerside Ter #901, Miami, FL,33138 | $399,000 | 2 | 2 | 1,469 | -- |
1014 NE 84th St, Miami, FL,33138 | $2,875,000 | 5 | 3 | 3,288 | 14744 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 09:28
MLS: A11524035
LISTED BY: Alexandros Tsoulfas, STL Advisors, LLC
SOURCE: SEFMIAMI
Buyer Agency Compensation: 1.5%
Buyer Agency Description: BBC: 1.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.