Nest Seekers

Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue.

Miami, FL 33170

Listing

Web ID:5389389
Website:https://www.nestseekers.com/5389389

Property

Ownership: Sole Proprietor
Type: Commercial
Lot Size: 2.5 Acres

Financials

Price:$10,900,000
Annual Taxes:$28,767

Description

Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
Virtual Tour: "C:\Users\Rosy Cancela\Dropbox\Clients\commercial\Sellers\22825 So Dixie Hwy - Nodarse - Castle Key LLC\Images\Car Lot (Landscape) lower reso.mp4"

Amenities

  • ElectricityAvailable
  • PhoneAvailable
  • TrashCollection
  • WaterAvailable

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of Coldwell Banker Realty
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