Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the states affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 305-672-6300
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 66,959.25 per month $61,207.83 Principal & Interest $2,397.25 Property Tax $3,354.17 Homeowner's Insurance
22825 S Dixie Hwy | MLS# A11787665
This land located at 22825 S Dixie Hwy, Miami, FL 33170 is currently listed for sale with an asking price of $11,500,000. The property has approximately 2.50 Acres. Search Miami real estate on www.adamscameroncommercial.com today.