$13,000,000
471 & 719 SW 8th St & 5th Av, Miami, FL 33130
CITY OF MIAMI SOUTH
1 / 39
Status
Active
Type
Commercial
Year Built
—
Days on Market
506
Lot Size
87,120 sqft
MLS #
A11787665
About This Home
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.
Building & Association
- Building Name
- SILVER PALM PARK
- Association
- No
