435 NE 77th St Rd
Miami, FL 33138
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Development opportunity with T4-R-General urban zoning, this prime real estate gem offers a lucrative opportunity to create a dynamic multi-family development. Property has 110 feet of captivating river frontage with ocean access, and situated alongside a lush park. This is truly a unique property with unlimited potential. The property is in close proximity to major upcoming development sites and is currently generating an impressive rental income of $9950 per month for the next two years. The steady cash flow sets the stage for a profitable investment that yields both immediate returns and long-term prosperity. For the discerning investor partial owner financing is also available, offering a flexible and attractive arrangement to kickstart your development vision.
Last checked:
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Last updated Jun 25, 2024
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MLS# A11612417 —
The Property
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View:River
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Parcel Number:01 32 07 040 0310
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Property Type:Land
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Zoning Description:3900
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Lot Features:Item1Acre
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Lot Size Area:20460.0
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Lot Size Acres:0.5
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Lot Size SqFt:20,460 Sqft
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Lot Size Dimensions:110x186
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Lot Size Units:SquareFeet
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Waterfront:true
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Waterfront Features:OceanAccess, RiverFront, Seawall
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Road Responsibility:PublicMaintainedRoad
Listing Agent
- Contact info:
- Agent phone:
- (305) 300-0815
- Office phone:
- (954) 242-6627
Taxes
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Tax Year:2023
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Tax Annual Amount:$34,482
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Tax Legal Description:FEDERAL WAY AMD PB 25-6 LOTS 2 & 3 BLK 6 LOT SIZE 110.000 X 186 OR 17568-4145 0397 1
The Listing
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Virtual Tour Unbranded:
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Disclosures:OwnerIsListingAgent
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Buyer Brokerage Compensation:.01%
Utilities
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Utilities:ElectricityAvailable, SewerAvailable, WaterAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Federal Way Amd
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/24/24
Jun 24, 2024
|
Listed / Active | MLSM | $3,850,000 | 175.0% (67.4% / YR) |
11/19/21
Nov 19, 2021
|
MLSM | $1,400,000 | -18.8% | |
11/3/21
Nov 3, 2021
|
MLSM | $1,725,000 |