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$11,625,000
Est. payment /mo
24,273 SqFt
UPDATED:
12/03/2024 02:35 AM
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 24,273 sqft
Price per Sqft $478
MLS Listing ID A11573771
HOA Fees $200/mo
HOA Y/N Yes
Year Built 1974
Lot Size 1.237 Acres
Property Description
You've found it! The perfect redevelopment, or perhaps a purchase for rental or future student housing. This incredible 31-unit townhome villas project of 2 bed /1.5 bath 783 sqft each is approx 1/2 mile walking distance to the prestigious FIU's Main Campus. Situated within the high-traffic University Zone (UC), this C Class building sits within an approximate 1.22 acres ready to revamp or rebuild, up to 210 student housing units per acre. Height build up per city ordinance is approximately 320 feet. Offering Memorandum, zoning plan, survey, and management company financials, 40 year, all available upon request. Per Mayor Jose Pepe Diaz' last State of the City address, Sweetwater is now approx 10% Residential, 90% Commercial - what a coveted chance to OWN!
Location
State FL
County Miami-dade
Area 20
Direction Please use GPS
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Tile, Wood
Window Features Impact Glass
Exterior
Exterior Feature Storm/Security Shutters
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
HOA Name YCL Management
Tax ID 25-40-06-014-0190
Security Features Other
Special Listing Condition Corporate Listing, Real Estate Owned
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Listed by Keller Williams Realty SW
Learn More About LPT Realty