12501 236th St ,Residential, None for Sale & Rent

12501 236th St for Sale & Rent

Price $10,490,000.00

• Lot size 299257
• Year Build
• Waterfront Canal Front
• Zip 33032
• Style
• Parking Description
• Pool Yes
• Status Active

Description

PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.

24 56 39 6.87 AC E1/2 OF SW1/4 OF NW1/4 OF NW1/4 & SE1/4 OF NW1/4 OF NW1/4 OF NW1/4 LESS C-102-N-1 CANAL R/W & LESS ST OR 21340-5000 052003

City Location, 5 To Less Than 10 Acre Lot, No Misc/Improvements

PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.

City:Homestead,View Y N:1,Zoning:9000,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.5492188,List Price:10490000,Listing Id:A11500621,Longitude:-80.3948517,Mls Status:Active,Current Use:1:Other Usage,Directions:Centrally located of US-1 in the heart of a growing community in SW Miami-Dade. EAST OF SOUTH DIXIE HWY., (us-1) WITH 682' FRONTAGE AND ACESS ON SW 236 ST.,Inclusions:None,Postal Code:33032,Street Name:236th St,Coordinates:1:25.5492188,Lot Features:1:5 To Less Than 10 Acre Lot,2:No Misc/Improvements,Photos Count:14,Building Name:NONE,Days On Market:965,Listing Terms:1:Cash,2:Conventional,Lot Size Acres:6.87,Lot Size Units:Square Feet,M I A M I R E_ Area:69,M L S Area Major:None,On Market Date:2023-12-13,Parcel Number:30-69-24-000-0800,Property Type:Land/Boat Docks,Street Number:12501,Waterfront Y N:1,Public Remarks:PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.,County Or Parish:Miami-Dade County,Direction Faces:Southeast,Expiration Date:2027-01-26,Frontage Length:0,List Office Name:The Katsikos Group, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2628,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:NONE,AMC PARK SOUTH DADE,Tax Annual Amount:21898,Unparsed Address:12501 SW 236th St, Homestead FL 33032,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Road Frontage Type:1:Paved Road,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:299257,M I A M I R E_ Flood Zone:AH,X,Original List Price:14880000,Previous List Price:13100000,Public Survey Range:69,I D X Participation Y N:1,M I A M I R E_ Last Status:Pending,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:PRIME SOUTH MIAMI-DADE MULTIFAMILY DEVELOPMENT OPPORTUNITY. Asking Price: $10,490,000|$42,300 per approved unit. 7.27± gross acres/6.49± net acres with RU-4 zoning, approved Site Plan and CDMP Amendment in place for a 248-unit workforce housing development. Approved development plan consists of six 3-story multifamily buildings with a mix of 84 one-bedroom and 164 two-bedroom units, together with surface parking and community amenities. Significant entitlement work has already been completed, providing a developer the opportunity to advance an approved multifamily concept rather than beginning the zoning process from the ground up. Ideally suited for workforce housing, garden-style multifamily or other residential development consistent with applicable approvals and regulations. Convenient South Miami-Dade location with access to major transportation corridors, employment centers, retail and the continued residential growth of the South Dade market. Approved Site Plan, Resolution, recorded Declaration of Restrictions, survey and additional property information available. Buyer to independently verify all zoning, density, development rights, utilities, approvals, acreage and other property information.,Listing Contract Date:2023-12-13,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Street Number Numeric:12501,Tax Legal Description:24 56 39 6.87 AC E1/2 OF SW1/4 OF NW1/4 OF NW1/4 & SE1/4 OF NW1/4 OF NW1/4 OF NW1/4 LESS C-102-N-1 CANAL R/W & LESS ST OR 21340-5000 052003,M I A M I R E_ Current Price:10490000,Public Survey Township:69,M I A M I R E_ Municipal Code:30,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:7.27 Gross (6.49 Net) Ac at 12501 SW 236th St. CDMP/zoning already approved to RU-4 (High Density Apartment House District, maximum 50-units per acre),M I A M I R E_ Parcel Number M L X:0800,Contract Status Change Date:2023-12-13,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Agent Alternate Phone:305-323-6373,M I A M I R E_ Supplemental Remarks:Development opportunity with substantial entitlement work completed. Property has approved RU-4 Rezoning, CDMP Amendment and Site Plan for a 248-unit workforce housing development consisting of six 3-story multifamily buildings with 84 one-bedroom and 164 two-bedroom units. 7.27± gross acres/6.49± net acres. Asking price $10,490,000 ($42,300 per approved unit). Seller has not submitted a full set of construction plans for approval. Additional permitting, engineering and development approvals will be the responsibility of Buyer. Water/sewer infrastructure improvements are required; Seller does not have cost estimates for such improvements. Approved Site Plan, Resolution Z-7-25, recorded Declaration of Restrictions, survey and WASD information available. Additional documents and due diligence materials will be provided to qualified purchasers as part of the due diligence process once under contract. Buyer to independently verify zoning, density, unit count, acreage, utilities, infrastructure requirements, approvals, permitting requirements and all other development information.,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:12501 SW 236th St,Internet Automated Valuation Display Y N:1,