,Commercial, Kendall Town Center for Sale

for Sale

Price $65,000,000.00

• Lot size 3042624
• Year Build
• Waterfront
• Zip 33196
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.

KENDALL TOWN CENTER PB 167-035 T-21218 TRACT B LOT SIZE 69.849 AC M/L FAU 30 5905 002 0010 THRU 0250 0270 THRU 0360 & 0380 THRU 0480

Other Location, 25-50 Acres, Cleared Land

Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.

City:Miami,Zoning:6400,List A O R:A-Miami Association of REALTORS,Tax Year:2022,Latitude:25.662399585201,List Price:65000000,Listing Id:A11266316,Longitude:-80.44628517453,Mls Status:Active,Utilities:1:None,Current Use:1:Unimproved Business/Commercial,Directions:Along SW 88th Street (Kendall) between SW 157th Avenue and SW 162 Ave. Vacant Land across from The Pointe,Postal Code:33196,Coordinates:1:25.662399585201,Lot Features:1:25-50 Acres,2:Cleared Land,Photos Count:3,Possible Use:1:Suburban,Building Name:KENDALL TOWN CENTER,Days On Market:666,Lot Size Acres:32.73,Lot Size Units:Square Feet,M I A M I R E_ Area:59,M L S Area Major:Kendall Town Center,On Market Date:2022-08-31,Parcel Number:30-59-05-029-0020,Property Type:Commercial Land,Public Remarks:Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.,County Or Parish:Miami-Dade County,Documents Count:4,Frontage Length:1500,List Office Name:E. L. S. Realty Corp.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Property Sub Type:Commercial,State Or Province:FL,Subdivision Name:KENDALL TOWN CENTER,Tax Annual Amount:542496,Unparsed Address:SW SW 88th ST & SW 158th Ave, Miami FL 33196,Listing Agreement:Exclusive Agency,Road Frontage Type:1:Private Road,2:Public Road,Building Area Units:Square Feet,Lot Size Dimensions:1500x1600,Lot Size Square Feet:3042624,M I A M I R E_ L P Amt Sq Ft:21.3631,Original List Price:65000000,Public Survey Range:59,Documents Available:1:Other Documents Available,2:Site Plans,3:Survey Available,I D X Participation Y N:1,Syndication Remarks:Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.,Listing Contract Date:2022-08-31,Originating System I D:miamire,Public Survey Section:5,Showing Instructions:Call Listing Agent,Tax Legal Description:KENDALL TOWN CENTER PB 167-035 T-21218 TRACT B LOT SIZE 69.849 AC M/L FAU 30 5905 002 0010 THRU 0250 0270 THRU 0360 & 0380 THRU 0480,Public Survey Township:59,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development.,Contract Status Change Date:2022-08-31,Internet Entire Listing Display Y N:1,