Summit Estates For Sale
9232 Sw 84 Ave, Miami, FL 33156

$6,700,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11979136
  • Virtual Tour: YES
  • List Price: $6,700,000
  • Taxes:$12,191
  • Listing Date:March 10, 2026
  • Days On Market:120

Description


MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately ±1.75 gross acres being advanced through the County entitlement process for a proposed 79-unit community. The proposed density is based on applicable County land use policies permitting 36 units per gross acre, together with the County's Workforce Housing density incentive program, including approximately 8 workforce housing units. Significant pre-development work has already been completed, including conceptual site planning, architectural floor plans, building elevations, preliminary engineering coordination, pre-application meetings with Miami-Dade County, and a traffic study currently in progress. Existing public water and sewer service all three lots. The proposed development features three-story residential buildings (voluntarily restricted to enhance neighborhood compatibility) with approximately 81 surface parking spaces. Preliminary coordination with County reviewing departments has reportedly produced no initial objections; however, all density, zoning, and development rights remain subject to the County's formal rezoning, Site Plan Review (SPR), public hearings, and final governmental approvals. Seller will consider transferring the existing single-purpose LLC, allowing a purchaser to continue the entitlement process, subject to independent legal and tax review. Comprehensive due diligence package available for qualified purchasers.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker