Commercial property in Miami, Florida № 1895650

Property description

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. Seller financing possible. Can expand the project + 6 floors and up to 185 units total by right (or make the build smaller without resubmitting site plan) Unit count scenarios provided in the attachments. Nearby developments: Lennar 79th St Project both Swerdlow group projects (37 acre West Little River project, and mixed-use brightline Little River District) HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentives. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county abutting the property. Construction estimate available.