Estimated payment $74,397/month
Highlights
- 2.5 Acre Lot
- No HOA
- Fenced
- Corner Lot
About This Lot
Incredible covered land or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ 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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $28,767
Year Built
- 1957
Lot Details
- 2.5 Acre Lot
- Fenced
- Corner Lot
- Additional Parcels
- Property is zoned 6600
Utilities
- Phone Available
Community Details
- No Home Owners Association
- Silver Palm Park Condos
- Silver Palm Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 30-69-13-011-0490
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $10,733 | $573,422 | -- | -- |
2023 | $10,733 | $521,293 | $0 | $0 |
2022 | $8,347 | $473,903 | $0 | $0 |
2021 | $7,585 | $430,821 | $347,900 | $82,921 |
2020 | $7,609 | $430,908 | $347,900 | $83,008 |
2019 | $7,597 | $429,050 | $347,900 | $81,150 |
2018 | $7,430 | $430,339 | $347,900 | $82,439 |
2017 | $7,070 | $403,734 | $0 | $0 |
2016 | $7,093 | $396,435 | $0 | $0 |
2015 | $7,153 | $391,793 | $0 | $0 |
2014 | -- | $391,198 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/21/2025 04/21/25 | For Sale | $12,900,000 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | $275,000 | Extreme Title Services Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,000,000 | Balloon | |
Closed | $650,000 | Balloon |
Source: MIAMI REALTORS® MLS
MLS Number: A11787665

APN: 30-6913-011-0490
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