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$700,000
Est. payment /mo
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224065317
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,715
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Source Florida Gulf Coast
Property Description
The property may go to auction soon. If you're interested, act now before multi-bidding. $700K FIRM Nr Design District, Midtown, Civic Ctr & Downtown. Attn Developers, Archs, Bldrs. Investors. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Build up to 6 story Mixed Use Comm/Resi maybe more w/entitlements. Density 150 units/ac. Lot coverage footprint approx. 4,600 SF. There is ingress & egress for the BB Co to operate their billboard. Long-term ground lease, 89 yrs approx. remaining. Lessee pays ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. Value is the Buildable Lot; the BB revenue is ongoing while developing, and through lease end approx. 09-30-2114. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence.
Location
State FL
County Miami-dade
Zoning T68-O
Interior
Cooling false
Inclusions Land Only
Fireplace No
Exterior
Utilities Available Electricity Connected
Waterfront Description None
Garage No
Building
New Construction No
Others
Senior Community No
Tax ID 01-3124-002-1350
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Listed by The Keyes Company • Steve Epstein