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Land in West Little River, FL 33147Phelans Manor, 2181 NW 90th St
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OFF MARKET
0.14
AcreStatus
OFF MARKETExpired
Size
0.14 Acres (578 m2)
Price
$3,278,571/Acre ($794/m2)
Type
Land
MLS Number
A11294581
On Site
1419 Days
Updated
1391 Days ago
Page Views
0
Project has just received 100% ASPR APPROVAL FOR A 12 UNITS PROJECT (Director's approval letter and approved plans in attachments) and is included in the price. Plan Number: A2022000042. 5–2b, 3–1b and 4–studios and 10 parking spaces. Sewer line will be directly in front of the property. No private pump station or line improvements required. Tree removal permit approved. Qualified opportunity zone. Would qualify for waiver of impact fees.
Only 2 of the 12 units are workforce. The other 10 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the two studios to designate as WFH $2,049, so there is no effect on rental returns since that is above market for the area.
Features
All features
- Current Use: Commercial
- Property SqFt: 6221
- Remarks: Project has just received 100% ASPR APPROVAL FOR A 12 UNITS PROJECT (Director's approval letter and approved plans in attachments) and is included in the price. Plan Number: A2022000042. 5–2b, 3–1b and 4–studios and 10 parking spaces. Sewer line will be directly in front of the property. No private pump station or line improvements required. Tree removal permit approved. Qualified opportunity zone. Would qualify for waiver of impact fees. Only 2 of the 12 units are workforce. The other 10 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the two studios to designate as WFH $2, 049, so there is no effect on rental returns since that is above market for the area.
- Internet Remarks: Project has just received 100% ASPR APPROVAL FOR A 12 UNITS PROJECT (Director's approval letter and approved plans in attachments) and is included in the price. Plan Number: A2022000042. 5–2b, 3–1b and 4–studios and 10 parking spaces. Sewer line will be directly in front of the property. No private pump station or line improvements required. Tree removal permit approved. Qualified opportunity zone. Would qualify for waiver of impact fees. Only 2 of the 12 units are workforce. The other 10 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the two studios to designate as WFH $2, 049, so there is no effect on rental returns since that is above market for the area.
- Waterfront: No info
- Days on Market: 28
- Compass Point: NW
- Office Name: Zilla Real Estate, Inc
- Area: 7288
- Taxes: 1502
- Tax Year: 2021
- Listing Date: 2022-10-27T12:13:56.990-00:00
- Lot Size Square Feet: 6221
Apples-to-Apples Comparables
Price History
Current
$459K
High
$479K
Low
$459K
Total Change
-4.2%Date
Event
Price
Change
Price Per
11/16/2022
Price Reduced
$459K
-2.13%$74 ft2
$794 m2
11/08/2022
Price Reduced
$469K
-2.09%$75 ft2
$811 m2
10/27/2022
Listed
$479K
$77 ft2
$829 m2
11/16/2022
$459K
Event
Price Reduced
Change
-2.13%Price Per
$74 ft2
$794 m2
11/08/2022
$469K
Event
Price Reduced
Change
-2.09%Price Per
$75 ft2
$811 m2
10/27/2022
$479K
Event
Listed
Price Per
$77 ft2
$829 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Briana Gowen • Zilla Real Estate, Inc • Buyer Agency Compensation .
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Scores
69
100
44
100
53
100
73
100
0
100
37
100
1
100
Community Snapshot
639 - 2,202
SqFt Range
1973
Year Build
1
Total Floors
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