$1,550,000
$1,790,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,550,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Fairview
MLS Listing ID A11646760
Sold Date 11/01/24
HOA Y/N No
Annual Tax Amount $25,048
Tax Year 2023
Contingent No Contingencies
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Residential
Property Description
Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.
Location
State FL
County Miami-dade
Community Fairview
Area 41
Exterior
Private Pool Yes
Building
Faces North
Others
Tax ID 01-41-14-001-0040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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