- – beds
- – baths
- 1,175 sqft
- ~3/4 acre lot
- $2,893 per sqft
- – on site
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Exceptional investment/development opportunity in highly sought-after Florida International University area. This immense & unique corner lot is currently zoned for multi-family 22-37 U/A with potential to rezone for expansion easily allowing for a significant increase in units/density. Conveniently located between SW 8th St & Flagler St; a few blocks from SW 107th Ave and the University’s main campus. This incredible location offers an ideal opportunity to capitalize on the impact of the University’s ongoing expansion, resulting in a constant need for more housing in the area. Includes a 2/1 house which can be used as an office during development phases. Easy access to turnpike, major roads, malls, Miami Intl airport, public transportation, restaurants, and shops.
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Last updated Apr 2, 2025
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MLS# A10758878 —
The Building
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Exterior Features:StormSecurityShutters
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Building Area Total:1641.0
Room Dimensions
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Living Area:1175.0
Financial & Terms
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Buyer Financing:Cash
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Lease Considered:false
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Possession:ClosingAndFunding
Location
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Directions:Head West on SW 8th Street, turn north (right) onto SW 109 Avenue or head north on SW 107 Avenue, turn west (left) on SW 2nd Street.
The Property
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Parcel Number:25 40 06 071 0010
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Property Type:Land
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Property Subtype:Commercial
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Property Subtype Additional:Commercial
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Zoning Description:3800/MULTI-FAMILY -
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Lot Features:LessThanOneAcre
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Lot Size Area:30311.0
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Lot Size Acres:0.6959
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Lot Size SqFt:30,311 Sqft
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Lot Size Dimensions:197x152
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Lot Size Units:SquareFeet
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Vegetation:Grassed
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Waterfront:false
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Road Responsibility:PublicMaintainedRoad
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (305) 331-0248
- Office phone:
- (305) 329-7600
Taxes
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Tax Year:2018
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Tax Annual Amount:$3,603
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Tax Legal Description:CRYSTAL COLONY PB 151-28 T-19658 TR A LOT SIZE .70 AC FAU 25-4006-001-1073
The Listing
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Disclosures:AgriculturalExemption
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Ownership:Other Ownership
Utilities
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Utilities:ElectricityAvailable, TrashCollection, WaterAvailable
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Sewer:SepticTank
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Water Source:Public
The Community
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Subdivision Name:Crystal Colony
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/30/22
Mar 30, 2022
|
Sold | MLSM | $3,400,000 | -8.1% |
2/28/22
Feb 28, 2022
|
Pending | MLSM | $3,700,000 | |
11/16/21
Nov 16, 2021
|
Sold Subject To Contingencies | MLSM | $3,700,000 |