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About This Property
Centrally located 54,090 sqf in an “Opportunity Zone”. Under zoning the site supports a maximum density of 110 residential units. This property would qualify for the live local ordinance that would push density to 220 or more residential units. Visible from I-95 and 441 and minutes from Barry University and schools. Located in the Federally designated Opportunity Zone provides significant tax advantages to investors. If the property is developed and held for a minimum period of 10 years, the capital gains from future sale may be entirely tax exempt. If funds from another gain are put into the “opportunity zone fund” the capital gain can be deferred for 5 years with a 10% reduction in Year 5. Please consult with your local authority.
Property Features
County
Miami-Dade County
Section
36
Area
Subdivision
PARKWOOD TERRACE
Interior
Cooling
Bedrooms
Floors
Full Baths
Appliances
Heating
Style
Garage Spaces
Construction/Exterior
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
1
Water
Municipal Water
Sewer
Public Sanitation
Lot Size in Sq. Ft.
54090
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Other Utilities Available, Sewer Available, Water Available
Property Type
Commercial Land
Pets
Property SubType 2
Tax Year
2024
Year Built
Tax Amount
$47202
APN
NA
Square Feet Source
NA
Map
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