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Income/MultiFamily - EVERGLADES AVE HEIGHTS for Sale

1477 NW 79TH ST, MIAMI, FL 33147

Asking Price$1,770,900 Change Price$20,000

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  • Lot size 18600sqft
  • Taxes $9,441
  • Days on market:

    35 day(s)
  • Original Price:

    $1,750,000
  • Tax Legal Description:

    EVERGLADES AVE HGTS PB 16-66 LOTS 21 THRU 24 INC LESS S15FT FOR R/W BLK 3 LOT SIZE 186.00 X 85.00 OR 15688-1483 0692 4
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Waterfrontage (sqft):

    186
  • Lot Features:

    City Location Corner Location Less Than 1 Acre

Description

$1,770,900

Price includes aspr approval 126 unit apartment building plus retail. estimated all in development cost of $28.1 million including land. gross income of $3.1 million. estimate in attachments. can be delivered shovel ready for $3 million by april 2024. price flexible based on where project is in approvals. currently there are 80 plus parking spaces, but is entitled to a 76% reduction in parking and you can add additional units in its place up to 185 units, or as many as you can fit in 15 stories.  not in a flood zone. possible owner financing. near the planned soar park on nw 79th st with over 4,000 units. 5 year average price change in west little river has been +$184,710 or 92%! possible to combine with aspr approved projects at 4595 nw 22nd ct and/or 2181 nw 90th st.

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