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- LoopNet Team
12025 SW 218th St
Miami, FL 33170
Goulds 218 Development Site · Land For Sale
·
0.47 AC
INVESTMENT HIGHLIGHTS
- 0.47-acre site ripe for redevelopment
- Strong demographics in an up-and-coming neighborhood
- 80 units allowed per right
- Central location within walking distance of the planned Bus Rap id Transit (BRT)
- Demand outpacing supply of workforce housing units
PROPERTY FACTS
DESCRIPTION
Goulds 218 is a 0.47-acre site ripe for redevelopment. Current zoning permits for a maximum of 52 units (90/acre) per right, however, the sellers have a zoning letter confirming a maximum of 80 units on the site. The site is ideal for a mid-rise workforce housing development to deliver for rent product to the South-Dade submarket. The population growth in South Dade is one of the strongest in Florida, and therefore, there’s a great demand for this type of product. The developer will benefit from the demand, which is outpacing the supply of workforce housing units coupled with continued long-term growth.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $360,254 |
PROPERTY TAXES
