Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
| MLS # | A11787665 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 535 |
| Listing Provided By | Coldwell Banker Realty | Rosy Cancela |
| Zoning | 6600 |
|---|---|
| Acreage | 2.50 |
| Lot Features | One To Two Acres, Two To Three Acres, Corner Lot, Rural Lot |
|---|
| Tax Annual Amount | 28767 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33170 |
| Area | 2690 |
| Community Name | SILVER PALM PARK |
| Listing VS Median (in SILVER PALM PARK) | |
Price: $10,900,000 low | high Med: $635,000 On site: 535 low | high Med: 201 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33170 |
| Area | 2690 |
| Community Name | SILVER PALM PARK |
| Listing VS Median (in SILVER PALM PARK) | |
Price: $10,900,000 low | high Med: $635,000 On site: 535 low | high Med: 201 | |
![]() | $10,490,00012501 Sw 236th StreetHomestead, FL 33032 |