Coldwell Banker Realty
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$10,900,000
22825 S Dixie Hwy, Miami, FL, 33170
Details
APN 30-69-13-011-0490
Property Type Land, Industrial
Sub Type Commercial, Warehouse
Broker Co-Op Yes
Acreage 2.500
Zoning 6600
Ownership Sole Ownership
Rare BU‑3 Redevelopment Offering in a High‑Growth Corridor
Marketing description
GROUND LEASE OPPORTUNITY-ALSO FOR SALE: MLS: A11787665
Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2.5+ 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.
Investment highlights
BU-3 Zoning
Live Local Act possibility; must be confirmed with Miami-Dade County
Strip and Spot Commercial
Neighborhood Shopping Centers
Wholesale Facilities
Listing Contacts
Coldwell Banker Realty
Coldwell Banker Realty
Listed by Coldwell Banker Realty
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