$1,599,990

1477 NW 79th St, Miami FL 33147

About This Property

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. POINTS OF CONNECTION FOR 12 INCH WATER MAIN AND 8 INCH GRAVITY SEWER READY TO CONNECT TODAY! WASD LOA and POC available. Property bigger than property records. (Approved scaled down 56 unit/8 story site plan option available ready to go to permitting with subtnatial compliance). Another option buyer can expand the project + 6 floors and up to 185 units total by right. Nearby developments in the attachments. 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 as well as two Blackstone redevelopment projects at 1250 NW 79th and 2640 NW 79th St. 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. Construction estimate available. Best priced project in the zip code by far! OM AVAILABLE IN THE ATTACHMENTS. SELLER FINANCING POSSIBLE WITH FAVORABLE TERMS. Appraisal came in above current list price!

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