USAFLMiamiSunset Lakes Estates 1St162 Sw 88Th St
162 Sw 88 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in Miami FL | Image 1
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$2,999,999

162 Sw 88 Th St, Miami, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage No
Taxes $55
Days Active 28
Lot Size 
Approx. Age 
MLS® Number A11839284

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Formerly a community lake and green area, this exceptional 6-acre property in Kendall includes a valuable DERM LOI outlining required steps for partial lake fill-in. Comparable residential land in this prime area is valued at over $6M, but this unique parcel is attractively priced to reflect the necessary initial investment and sweat equity. Preliminary engineering strongly supports development into a rental community featuring a boutique clubhouse, community pool, and scenic lakeside walking trail, delivering dual income streams: rental revenue and HOA amenity fees income projections range from $480K–$1.44M annually. Buyer will receive RSP Engineers’ preliminary conceptual site plan ready for County approval. Seize this rare equity-building opportunity.Show Description
MLS® NumberA11839284
Laundry Level
Central VacNo
FireplaceNo
Acreage6.76
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Other

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