Miami Gardens Estates, 6114 SW 26th St

0.32
Acre
Status
OFF MARKETExpired
Size
0.32 Acres (1,301 m2)
Price
$4,465,625/Acre ($1,098/m2)
Type
Land
MLS Number
A11389868
On Site
1215 Days
Updated
1111 Days ago
Page Views
0
Rare opportunity to build 20 unit apartment complex in Miramar right off 441 and Miramar Pkwy. Hot rental area. Opportunity zone. Huge tax benefits. Seller working on Site Plan Approval with city. Schematic Design & Design Development finished. Already had several meetings with city during the last 6 months. Working on final details to submit full set of plans. Included plans in the sale for 20-unit building are in accordance with current zoning (12: 2 bedrooms/2 Bathrooms, 8: 1 Bedroom/1 Bathroom). Permits have not been pulled. Use these plans and continue the process to obtain permits, customize them, or design your own. Active comps in Broward:$58k-$138k per unit for land. See pics. Subject property $71.5k per unit (with existing unit mix of 20 apartments). Pricing below average.

Features

All features
  • Property SqFt: 14006
  • Remarks: Rare opportunity to build 20 unit apartment complex in Miramar right off 441 and Miramar Pkwy. Hot rental area. Opportunity zone. Huge tax benefits. Seller working on Site Plan Approval with city. Schematic Design & Design Development finished. Already had several meetings with city during the last 6 months. Working on final details to submit full set of plans. Included plans in the sale for 20-unit building are in accordance with current zoning (12: 2 bedrooms/2 Bathrooms, 8: 1 Bedroom/1 Bathroom). Permits have not been pulled. Use these plans and continue the process to obtain permits, customize them, or design your own. Active comps in Broward:$58k-$138k per unit for land. See pics. Subject property $71.5k per unit (with existing unit mix of 20 apartments). Pricing below average.
  • Internet Remarks: Rare opportunity to build 20 unit apartment complex in Miramar right off 441 and Miramar Pkwy. Hot rental area. Opportunity zone. Huge tax benefits. Seller working on Site Plan Approval with city. Schematic Design & Design Development finished. Already had several meetings with city during the last 6 months. Working on final details to submit full set of plans. Included plans in the sale for 20-unit building are in accordance with current zoning (12: 2 bedrooms/2 Bathrooms, 8: 1 Bedroom/1 Bathroom). Permits have not been pulled. Use these plans and continue the process to obtain permits, customize them, or design your own. Active comps in Broward:$58k-$138k per unit for land. See pics. Subject property $71.5k per unit (with existing unit mix of 20 apartments). Pricing below average.
  • Waterfront: No info
  • Directions: North
  • Days on Market: 104
  • Compass Point: SW
  • Office Name: Insight Real Estate, Inc.
  • Area: 14006
  • Taxes: 5116
  • Tax Year: 2022
  • Listing Date: 2023-05-19T13:13:35.000-00:00
  • Lot Size Square Feet: 14006

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Price History

Date
Event
Price
Change
Price Per
05/19/2023
Listed
$1.4M
 
$102 ft2
$1,098 m2
05/19/2023
$1.4M
Event
Listed
Price Per
$102 ft2
$1,098 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Antonio CuellarInsight Real Estate, Inc. • Buyer Agency Compensation .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
80

100
Transit Score®
Some Transit. A few nearby public transportation options
39

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
71

100
Sound Score®
Very loud
64

100
Airport Score
Close to airports. Noticeable airport activity
1

100
Traffic Score
Congested area. Frequent traffic delays
46

100
Local Score
Limited local amenities nearby
6

100
Community Snapshot
3 – 4 BR
Bedrooms
$600K – $784K
Price Tier
720 - 2,858
SqFt Range
1971
Year Build
1
Total Floors

Subdivision Amenities

None

Miramar
Entry-Level
Entry-Level Homes & Condos