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Tatums Colored Town, Homestead, FL 33030

195,000(-2.56% )
0.18Acre

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Details

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Status:
Active
Size: 0.18 Acres (743 m2)
Price: $1,055,556/Acre ($256/m2)
Type: Land
MLS Number: A11659089
On Site: 353 Days
Updated: 16 Days ago
Page Views: 0
Don't miss this incredible opportunity to own prime real estate in one of south florida's fastest-growing areas. We're offering 2 vacant commercial mixed use (cmu) lots in homestead, totaling an expansive 8,000 square feet. The properties are located in an opportunity zone, offering potential significant tax benefits for real estate investors & developers. These benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The property may also qualify for an increase in density under the live local act (florida state law designed to increase the supply of affordable housing by providing developers with tax incentives & overriding certain local zoning regulations)
Features
All features
  • Current Use: Other
  • Property SqFt: 8000
  • Remarks: Don't miss this incredible opportunity to own prime real estate in one of South Florida's fastest-growing areas. We're offering 2 vacant commercial mixed use (CMU) lots in Homestead, totaling an expansive 8, 000 square feet. The properties are located in an Opportunity Zone, offering potential significant tax benefits for real estate investors & developers. These benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The property may also qualify for an INCREASE IN DENSITY under the LIVE LOCAL ACT (Florida State law designed to increase the supply of affordable housing by providing developers with tax incentives & overriding certain local zoning regulations)
  • Internet Remarks: Don't miss this incredible opportunity to own prime real estate in one of South Florida's fastest-growing areas. We're offering 2 vacant commercial mixed use (CMU) lots in Homestead, totaling an expansive 8, 000 square feet. The properties are located in an Opportunity Zone, offering potential significant tax benefits for real estate investors & developers. These benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The property may also qualify for an INCREASE IN DENSITY under the LIVE LOCAL ACT (Florida State law designed to increase the supply of affordable housing by providing developers with tax incentives & overriding certain local zoning regulations)
  • Waterfront: No info
  • Days on Market: 303
  • Compass Point: SW
  • Office Name: NV Realty Services, Inc.
  • Area: 8000
  • Taxes: 971
  • Tax Year: 2023
  • Listing Date: 2024-09-16T09:17:23.000-00:00
  • Lot Size Square Feet: 8000

Price History

02/13/2025

Date

Price Reduced

Event

$190K

Price

-2.56%

Change Rate

$24 ft2 / $256 m2

Price Per

09/13/2024

Date

Listed

Event

$195K

Price

$24 ft2 / $262 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mauryn RegueiroNV Realty Services, Inc. • Buyer Agency Compensation .

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