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481 NE 61st St 0.11 Acres of Commercial Land Offered at $699,000 in Miami, FL 33137
Investment Highlights
- Seller will entertain SELLER FINANCING!
- Sensational builder / developer opportunity to purchase LAND WITH PLANS!
- Shovel-ready 50’ x 100’ corner lot with approved plans for two fee-simple residences.
- Seller will entertain JOINT VENTURES providing the land and a developer building the product!
- Seller has already done the heavy lifting with the architects, city & zoning and will include plans to build!!
- This project has combined over 4,575 SFT x $615 = $2,813,625 sell out!
Executive Summary
WELCOME TO THE CUSHMAN ESTATES! Sensational builder / developer opportunity to purchase LAND WITH PLANS! Seller has already done the heavy lifting with the architects, city & zoning and will include plans to build!! Shovel-ready 50’ x 100’ corner lot with approved plans for two fee-simple residences. Save months of permitting—build immediately. Each home features a separate corner entrance, 3 bedrooms, 3.5 baths, primary suite, balconies, and ±2,256 SF & ±2,319 SF. Located across from The Bennet, a new high-end development near The Cushman School with easy access to I-95. Ideal builder or investor opportunity. With new construction townhomes (The Bennet) selling at $615 per SFT across the street, this project has combined over 4,575 SFT x $615 = $2,813,625 sell out! What an amazing profit in 1 year! But wait, there's more!! Seller will entertain SELLER FINANCING, and also JOINT VENTURES with the seller providing the land and a developer building the product and we can pre-sale those 2 units. WIN-WIN scenario!! Plans will only be shared during the due-diligence period. Feel free to drive by the lot. Let's make it happen!
Property Facts
| Price | $699,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Price | $699,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.11 AC |
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 0.11 AC |
| Price Per AC | $6,396,705.56 |
| Price | $699,000 |
| Price Per AC | $6,396,705.56 |
| Lot Size | 0.11 AC |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (78)
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481 NE 61st St
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