9
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$3,000,000
$3,750,000 20.0%
Est. payment /mo
0.92 Acres Lot
Sold on 12/20/2024
Address not disclosed Miami, FL 33161
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Key Details
Sold Price $3,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A11640753
Sold Date 12/20/24
HOA Y/N No
Annual Tax Amount $11,470
Tax Year 2023
Lot Size 0.920 Acres
Acres 0.92
Property Description
Proud to exclusively present this unique value-add opportunity, currently home to the well-established Mama Jennie's Italian Restaurant, a local favorite for over 40 years. The site encompasses four folios, totaling 40,329 SF of land. It features a 3,859 SF restaurant building with a fully permitted kitchen and bar, as well as an additional 628-square-foot structure used for office and storage. There is also significant development potential here. Under Miami-Dade County's Live Local Act, the site could support a sizable project, including up to 250 residential units per acre for workforce housing and ground-floor retail.
Location
State FL
County Miami-dade
Area 30
Exterior
Utilities Available None, Sewer Not Available
Present Use Other
Building
Lot Description <1 Acre
Sewer None
Water Other
Others
Tax ID 30-21-36-025-0830
Financing Conventional
Listed by APEX Capital Realty LLC
Bought with APEX Capital Realty LLC
Bought with APEX Capital Realty LLC