Franklin Park, 268 NE 80th Ter
Share
Closed
0.19
AcreStatus
Sold - Oct 19, 2021
Size
0.19 Acres (753 m2)
Price
$4,736,842/Acre ($1,196/m2)
Type
Land
MLS Number
A11051786
On Site
1929 Days
Updated
18 Days ago
Page Views
0
LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 60k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.
Features
All features
- Current Use: Commercial, Unimproved
- Property SqFt: 8100
- Remarks: LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2, 326 SF of living area situated on an 8, 100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 60k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.
- Internet Remarks: LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2, 326 SF of living area situated on an 8, 100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 60k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.
- Waterfront: No info
- Days on Market: 124
- Closing Date: 2021-10-19
- Compass Point: NE
- Office Name: Sigma Real Estate & Investment
- Area: 8100
- Taxes: 7279
- Tax Year: 2020
- Listing Date: 2021-06-03T14:01:43.000-00:00
- Lot Size Square Feet: 8100
Apples-to-Apples Comparables
Price History
Current
$900K
High
$950K
Low
$900K
Total Change
-5.3%Date
Event
Price
Change
Price Per
10/18/2021
Sold
$900K
-5.26%$111 ft2
$1,196 m2
08/18/2021
Listed
$950K
$117 ft2
$1,262 m2
10/18/2021
$900K
Event
Sold
Change
-5.26%Price Per
$111 ft2
$1,196 m2
08/18/2021
$950K
Event
Listed
Price Per
$117 ft2
$1,262 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kristopher Rodriguez • Sigma Real Estate & Investment • Buyer Agency Compensation .
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Scores
90
100
53
100
67
100
72
100
0
100
36
100
4
100
Community Snapshot
2,326 - 2,530
SqFt Range
1925
Year Build
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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