Franklin Park, 285/293 NE 80th Ter

$1.2M19.8%
$962,500
0.38
Acre
Status
Sold - Aug 15, 2019
Size
0.38 Acres (1,524 m2)
Price
$2,532,895/Acre ($632/m2)
Type
Land
MLS Number
A10516560
On Site
2959 Days
Updated
18 Days ago
Page Views
0
Unique development opportunity - fueled by the explosive Magic City billion-dollar development!!! • 2 connecting lots • Total 16,400 sq. ft. • Zoned 6100 /COMMERCIAL -NEIGHBORHOOD. • Build up to 8 stories/45 + units. (150 units per acre) • Qualified as an opportunity zone • City Water and sewer • Possible uses for the property are: office/restaurant/retail/hotel/apartment residential (no warehouses). • Currently 6 single family homes in a cloistered “gated community” • Fully rented out, on a month to month. • Offering a positive cash flow. • Elevated flood zone. • Close to new Magic City billion-dollar development!!! • A few blocks from the Design District, the burgeoning arts center in Little Haiti and the major highways!

Features

All features
  • Property SqFt: 16400
  • Remarks: Unique development opportunity - fueled by the explosive Magic City billion-dollar development!!! • 2 connecting lots • Total 16, 400 sq. ft. • Zoned 6100 /COMMERCIAL -NEIGHBORHOOD. • Build up to 8 stories/45 + units. (150 units per acre) • Qualified as an opportunity zone • City Water and sewer • Possible uses for the property are: office/restaurant/retail/hotel/apartment residential (no warehouses). • Currently 6 single family homes in a cloistered “gated community” • Fully rented out, on a month to month. • Offering a positive cash flow. • Elevated flood zone. • Close to new Magic City billion-dollar development!!! • A few blocks from the Design District, the burgeoning arts center in Little Haiti and the major highways!
  • Internet Remarks: Unique development opportunity - fueled by the explosive Magic City billion-dollar development!!! • 2 connecting lots • Total 16, 400 sq. ft. • Zoned 6100 /COMMERCIAL -NEIGHBORHOOD. • Build up to 8 stories/45 + units. (150 units per acre) • Qualified as an opportunity zone • City Water and sewer • Possible uses for the property are: office/restaurant/retail/hotel/apartment residential (no warehouses). • Currently 6 single family homes in a cloistered “gated community” • Fully rented out, on a month to month. • Offering a positive cash flow. • Elevated flood zone. • Close to new Magic City billion-dollar development!!! • A few blocks from the Design District, the burgeoning arts center in Little Haiti and the major highways!
  • Waterfront: No info
  • Days on Market: 238
  • Closing Date: 2019-08-15
  • Compass Point: NE
  • Office Name: Keller Williams Eagle Realty
  • Area: 16400
  • Taxes: 9181
  • Tax Year: 2017
  • Listing Date: 2018-08-09T11:49:11.000-00:00
  • Lot Size Square Feet: 16400

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Price History

Current
$963K
High
$1.2M
Low
$963K
Total Change
-19.8%
$1.2M$1.1M$934KAug 18Aug 19Jun 26
Date
Event
Price
Change
Price Per
06/10/2026
Sold
$963K
0%
$59 ft2
$632 m2
08/14/2019
Price Reduced
$963K
-19.79%
$59 ft2
$632 m2
08/06/2018
Listed
$1.2M
 
$73 ft2
$788 m2
06/10/2026
$963K
Event
Sold
Change
0%
Price Per
$59 ft2
$632 m2
08/14/2019
$963K
Event
Price Reduced
Change
-19.79%
Price Per
$59 ft2
$632 m2
08/06/2018
$1.2M
Event
Listed
Price Per
$73 ft2
$788 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mia MarchandKeller Williams Eagle Realty • Buyer Agency Compensation .

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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
90

100
Transit Score®
Good Transit. Many nearby public transportation options
53

100
Bike Score®
Bikeable. Some bike infrastructure
67

100
Sound Score®
Very loud
72

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
4

100
Community Snapshot
2,326 - 2,530
SqFt Range
1925
Year Build