New Construction
Address
Not Disclosed Miami, FL
Price
$ 17,750,000
Property Attributes
- MLS#A11019620
- TypeIncome
- CountyMIAMI-DADE
- CityMiami
- Area32
- NeighborhoodSHERRY PARK
- Zip33138
- StyleFourplex
- Year Built1950
- Taxes11979
- Price$ 17,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
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 | |
|---|---|
| 3/29/2021 | Listed $17,750,000 |
General Features
| Architectural Style | Fourplex |
|---|---|
| Cooling | Other |
| Flooring | Other |
| Heating | Other |
| MLS Area | 32 |
| Pool Features | None |
| Property SubType | Quadruplex |
| Property Type | ResidentialIncome |
| Rent Includes | Other |
| Roof | Other |
| Sewer | Other |
| Terms | Other |
| Year Built Details | New Construction |
| Zoning Description | T6-8-O |
Exterior Features
| Covered Spaces | 0.0 |
|---|---|
| Lot Features | Item14to12AcreLot |
| Lot Size Units | SquareFeet |
| Total Parking | 300.0 |
| 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
Year Built
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