Rare 1. 0 acre hard signalized corner development site at the gateway of the Opa Locka Innovation District.


Property

Website:https://www.nestseekers.com/5621053
Address:
Opa-Locka, FL 33054
Ownership: For Sale
Type: Land
Lot Size: 1.0 Acres

Financials

Price:$1,850,000
Annual Taxes:$24,767

Description

Rare 1.0-acre hard signalized corner development site at the gateway of the Opa-Locka Innovation District. Featuring 900+ LF of frontage across three sides, this 42,531 SF parcel is zoned B-2 with the Corridor Mixed Use Overlay supporting 146 residential units by-right at 3.0 FAR, expandable to eight stories through the affordability density incentive under the Live Local Act. Located within Miami-Dade's SMART Plan transit corridor - elevated Metrorail extension along NW 27th Ave. A prior approved Medical, Education, Office project is on file as an alternative development path. Phase I ESA reports no recognized environmental conditions. Qualified Census Tract eligible for enhanced LIHTC basis. Priced at $43.50 SF land.

Amenities

  • Other
  • Sewer Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Compass Florida, LLC