Buckeye Park, 4595 NW 22nd Ct

0.15
Acre
Status
OFF MARKETExpired
Size
0.15 Acres (619 m2)
Price
$4,666,600/Acre ($1,132/m2)
Type
Land
MLS Number
A11307777
On Site
1387 Days
Updated
1358 Days ago
Page Views
0
PROJECT HAS RECEIVED 100% FULL ADMINISTRATIVE SITE PLAN APPROVAL FOR 18 UNITS PLUS RETAIL SPACE.  (Miami-Dade stamped approved plans and approval letter attached).  Mix of 6- 2 bedroom and 12 -1 bedroom plus 1,378 sq ft of commercial space. 100% parking reduction already approved. 10 min walk to metrorail. Tree removal permit approved.  Qualified opportunity zone. Would qualify for waiver of impact fees. Lowest price project available at $36,000 per unit. Only 3 of the 18 units are workforce. The other 15 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the three 1 bedrooms to designate as WFH $2,194, so there is no effect on rental returns since that is above market for the area. Owner financing with a minimum of 30% down.

Features

All features
  • Property SqFt: 6659
  • Remarks: PROJECT HAS RECEIVED 100% FULL ADMINISTRATIVE SITE PLAN APPROVAL FOR 18 UNITS PLUS RETAIL SPACE.  (Miami-Dade stamped approved plans and approval letter attached).  Mix of 6- 2 bedroom and 12 -1 bedroom plus 1, 378 sq ft of commercial space. 100% parking reduction already approved. 10 min walk to metrorail. Tree removal permit approved.  Qualified opportunity zone. Would qualify for waiver of impact fees. Lowest price project available at $36, 000 per unit. Only 3 of the 18 units are workforce. The other 15 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the three 1 bedrooms to designate as WFH $2, 194, so there is no effect on rental returns since that is above market for the area. Owner financing with a minimum of 30% down.
  • Internet Remarks: PROJECT HAS RECEIVED 100% FULL ADMINISTRATIVE SITE PLAN APPROVAL FOR 18 UNITS PLUS RETAIL SPACE.  (Miami-Dade stamped approved plans and approval letter attached).  Mix of 6- 2 bedroom and 12 -1 bedroom plus 1, 378 sq ft of commercial space. 100% parking reduction already approved. 10 min walk to metrorail. Tree removal permit approved.  Qualified opportunity zone. Would qualify for waiver of impact fees. Lowest price project available at $36, 000 per unit. Only 3 of the 18 units are workforce. The other 15 are fair market. Rent is capped at 120% of AMI adjusted for inflation every year. Current rent cap for the three 1 bedrooms to designate as WFH $2, 194, so there is no effect on rental returns since that is above market for the area. Owner financing with a minimum of 30% down.
  • Waterfront: No info
  • Directions: West
  • Days on Market: 29
  • Compass Point: NW
  • Office Name: Zilla Real Estate, Inc
  • Area: 6858
  • Taxes: 1403
  • Tax Year: 2022
  • Listing Date: 2022-11-28T03:40:00.193-00:00
  • Lot Size Square Feet: 6659

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Price History

Date
Event
Price
Change
Price Per
11/27/2022
Listed
$700K
 
$105 ft2
$1,132 m2
11/27/2022
$700K
Event
Listed
Price Per
$105 ft2
$1,132 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Briana GowenZilla Real Estate, Inc • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
69

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
48

100
Sound Score®
Very loud
71

100
Airport Score
Close to airports. Noticeable airport activity
4

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
$399K – $399K
Price Tier
1,032 - 2,122
SqFt Range
2020
Year Build
1
Total Floors

Subdivision Amenities

Sidewalks