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

$1,825,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11791670
  • Virtual Tour: YES
  • List Price: $1,825,000
  • Taxes:$9,441
  • Listing Date:April 28, 2025
  • Days On Market:70

Description


SITE PLAN APPROVED in Opportunity Zone a project for 126 units + retail.  Priced to move / partnership dissolution. Seller financing as little as 25% down and favorable terms. Can expand the project an additional 6 floors and up to 185 units total by right (or make the build smaller, asking $ works for a smaller project) Nearby developments: Lennar 79th St project, Swerdlow Group mixed-use brightline mega project and HueHub project of over 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials. Cost savings of $1,713,600 off construction estimate. New water/sewer infrastructure provided by the county and is being installed along all three sides of the property. Construction estimate available.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker