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
AVG $1.85M
$17.75M
Taxes
AVG $5,180
$11,979
Visits
AVG 63
67

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.