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Gelfand Realty Miami Properties for Sale - Commercial for Sale

SW SW 88TH SAINT SW 158TH AVE, MIAMI, FL 33196

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Commercial - KENDALL TOWN CENTER for Sale

SW SW 88TH SAINT SW 158TH AVE, MIAMI, FL 33196

Asking Price$65,000,000

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  • Lot size 3042624sqft
  • Taxes $542,496
  • Days on market:

    310 day(s)
  • Original Price:

    $65,000,000
  • Tax Legal Description:

    KENDALL TOWN CENTER PB 167-035 T-21218 TRACT B LOT SIZE 69.849 AC M/L FAU 30 5905 002 0010 THRU 0250 0270 THRU 0360 & 0380 THRU 0480
  • Tax Year:

    2022
  • Property Type:

    Commercial
  • Waterfrontage (sqft):

    1500
  • Lot Features:

    Other Location Cleared Land 25-50 Acres

Description

$65,000,000

Kendall town center (ktc) is the last remaining sizable commercial parcel in miami suitable for a major mixed-use development. located on north kendall drive in the west kendall submarket of miami, the property is comprised of 32.73 acres fronting north kendall drive (sw 88th street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. ktc is surrounded by retail, restaurants, medical and very dense residential uses. the household median income levels are currently $90,000 in a 5-mile radius and continue to increase. ktc is a development of regional impact (dri) which was amended in april 2022 which approved 800 residential units. the approval included a combination of residential and commercial uses and maximum square footages.
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