Palmetto Bay, FL 33157,18161 SW 98th Ct
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$ 2,600,000
Est. payment | /mo

20,000 Acres Lot


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$ 2,600,000
Est. payment | /mo
Save

20,000 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Morningside Acres

MLS Listing ID A11861142

HOA Y/N No

Annual Tax Amount $8,546

Tax Year 2024

Lot Size 20000.000 Acres

Acres 20000.0

Lot Dimensions 100x200

Property Description

The properties at 18191 SW 97 Avenue and 18200 Holcomb Avenue in Palmetto Bay offer a strong opportunity for multifamily development. Together, the parcels total nearly 20,000 square feet and are located within an Opportunity Zone, creating favorable conditions for redevelopment. Strategically positioned near US-1, they benefit from proximity to retail, dining, and new commercial growth, all of which support higher density residential demand. Palmetto Bay, known as the “Village of Parks,” is a desirable, family-oriented community with strong schools and amenities, making these parcels ideal for rezoning into mid-rise multifamily housing with long-term appreciation potential.

Location

State FL

County Miami-dade

Community Morningside Acres

Area 30

Direction gps

Exterior

Utilities Available Electricity Available, Sewer Available

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 33-50-32-007-0860

Acceptable Financing Cash

Listing Terms Cash

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Hype Real Estate Group Corp
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18161 SW 98th Ct