Address
Not Disclosed Miami, FL
Price
$ 17,750,000
Property Attributes
- MLS#A11017138
- TypeLand
- CountyMIAMI-DADE
- CityMiami
- Area32
- NeighborhoodSHERRY PARK
- Zip33138
- StyleMultiFamily
- Taxes11979
- Price$ 17,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.06 Acres
Listing Provided Courtesy Of:
Karson & CO
Data Source:
Southeast Florida MLS SEFMLS
Property Description
The Junction @ Little River is a true covered land play producing significant revenue of over $850,000 annually with below market rents and tremendous development upside. The assemblage encompasses 59 multifamily units with a 100% occupancy rate. The Junction @ Little River is positioned less than 100 feet from the planned Brightline station, offering residents high speed transportation access to all surrounding major neighborhoods. This proximity affords the site with official TOD designation. Junction at Little River is entitled for 310 units and 8 stories, with TOD designation granting an additional 4 stories and 78 residential units and 112,640 square feet, with up to 380 fewer parking spaces than would be required outside of a TOD. Grand total of 12 stories and 388 units.
| Price History | |
|---|---|
| 3/26/2021 | Listed $17,750,000 |
General Features
| Current Use | MultiFamily |
|---|---|
| MLS Area | 32 |
| Property SubType | MultiFamily |
| Property Type | Land |
| Sewer | Other |
| Zoning Description | T6-8-O |
Exterior Features
| Covered Spaces | 0.0 |
|---|---|
| Lot Size Acres | 2.06 |
| Lot Size Area | 90112.0 |
| Lot Size Square Feet | 90112.0 |
| Lot Size Units | SquareFeet |
| Number of Lots | 7 |
| Road Frontage Type | MainThoroughfare |
| Water Source | Other |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33138
Price
Taxes
Visits
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