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9000 SW 168th Avenue Palmetto Bay, FL 33157
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Key Details
Sold Price $1,100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Unplatted
MLS Listing ID A10639746
Annual Tax Amount $13,441
Tax Year 2018
Lot Size 3.080 Acres
Property Description
Located on the Northeast corner of SW 168th Street and SW 90th Avenue, this +/- 3.15 Acres of Vacant Land is is zoned AG (Agriculture) with a designated future land use of Low Density Residential. The Property represents a rare clean-slate development opportunity in an established, mature market. Other development sites in the area are mainly redevelopment or in-fill in nature, making the Property unique in its ability to offer a blank canvas for new development. Additionally, the existing inventory single family homes is mostly aging, and newer, updated construction will likely enjoy significant pricing power in comparison to the majority of its competition. The property is within close proximity to US1 (30,000 ADT).
Location
State FL
County Miami-dade County
Community Unplatted
Area 50
Exterior
Utilities Available None
Building
Lot Description 5-10 Acres
Sewer Other
Water Other
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Bought with Executive Real Estate Advisors Corp.