435 77th St Rd ,Unimproved Multi Family (5+units), Federal Way Amd for Sale

435 77th St Rd for Sale

Price $3,850,000.00

  • Lot size 20460
  • Year Build
  • Waterfront Ocean Access, River, Seawall
  • Zip 33138
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

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.

FEDERAL WAY AMD PB 25-6 LOTS 2 & 3 BLK 6 LOT SIZE 110.000 X 186 OR 17568-4145 0397 1

City Location, Less Than 1 Acre

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.

City:Miami,View Y N:1,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.8466243,List Price:3850000,Listing Id:A11612417,Longitude:-80.1875148,Mls Status:Active,Utilities:1:Sewer Connected,2:Water Connected,3:Electricity Available,4:Sewer Available,5:Water Available,Inclusions:Restricted Salt Water Access,Postal Code:33138,Street Name:77th St Rd,Coordinates:1:25.8466243,Lot Features:1:Less Than 1 Acre,Photos Count:14,Building Name:FEDERAL WAY AMD,Days On Market:1,Lot Size Acres:0.5,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Federal Way Amd,On Market Date:2024-06-24,Parcel Number:01-32-07-040-0310,Property Type:Commercial Land,Street Number:435,Waterfront Y N:1,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:110,List Office Name:Waltzer Properties, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5052,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:FEDERAL WAY AMD,Tax Annual Amount:34482,Unparsed Address:435 NE 77th St Rd, Miami FL 33138,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:110x186,Lot Size Square Feet:20460,M I A M I R E_ L P Amt Sq Ft:188.172,Original List Price:3850000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks: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.,Waterfront Features:1:River,2:Seawall,Listing Contract Date:2024-06-24,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Street Number Numeric:435,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,Gross Scheduled Income:10000,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:.01%,M I A M I R E_ Internet Remarks:T4-R-General zoned property with river frontage ocean access, adjacent park. Generates $9950/month rental income. Partial owner financing available.,Contract Status Change Date:2024-06-24,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:.01%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: .01%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $3,850,000.00
  • Price Change: 2024-06-24
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build
  • Waterfront Ocean Access, River, Seawall
  • View River View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Land
  • Status Active
  • Listed 2024-06-24
  • Days on Market 23
  • Furnished
  • City Miami
  • Zip 33138
  • State Florida
  • Subdivision
  • Development Name FEDERAL WAY AMD
  • HOA Fees
  • Taxes 34482
  • Taxes Year 2023
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