Everglades Ave Heights For Sale
1477 Nw 79th St, Miami, FL 33147

$1,795,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11605651
  • Virtual Tour: YES
  • List Price: $1,795,000
  • Taxes:$9,441
  • Listing Date:June 12, 2024
  • Days On Market:115

Description


SITE PLAN APPROVED project for 126 units + retail. Right next to the Swerdlow Group mixed use brightline station megaproject and the 3,200 unit project on NW 84th. Benefits from the project include 75% reduction in property taxes in perpetuity, waiver of impact fees and $630,000 refund in sales tax on construction materials. Rents in the area for smaller economical units are over $4.00 a sq ft. Professional construction estimate available. LOTS of development nearby (see attachment for list of projects). Project would work for a HUD loan. *Not in a flood zone* Brand new water and sewer lines from the county project abutting 3 sides of the property. Project size can be reduced without site plan resubmission and can be increased up to 185 units and reapproved within 30-45 days.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker