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Lots and Land: MLS #A11266316 Miami, FL $ 65,000,000
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Lots and Land: MLS #A11266316
$ 65,000,000
Back to search
Share Save

Lots and Land: MLS #A11266316

Miami, FL, 33196
$ 65,000,000
Baths0.0

Monthly Estimate*

$ 454,044

MLS #/Web ID: A11266316 - Image 1
MLS #/Web ID: A11266316 - Image 2
MLS #/Web ID: A11266316 - Image 3
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Studio

Lots and Land for sale in Miami, FL

for $65,000,000. The lot size is 32.73.

Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.

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Lots and Land Active

Price

$ 65,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 542,496

Style

Commercial

Lot Size

32.73

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11266316
Features
General
Sewer None
Utilities None SewerNotAvailable
Possession Other
Property SubType Commercial
Tax Year 2022
County Miami-Dade County
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name KENDALL TOWN CENTER
Garage Y/N N
Status Active
Directions Along SW 88th Street (Kendall) between SW 157th Avenue and SW 162 Ave. Vacant Land across from The Pointe
City Miami
Buyer Agent Compensation 1.0%
View Y/N N
Senior Community Y/N N
Zoning Description 6400
MLS Area 59
Lot Size Square Feet 3042624.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name SW 88th ST & SW 158th Ave
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 542496.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11266316
Days on Market 100
Standard Status Active
Property Sub Type Additional Commercial
Legal Description KENDALL TOWN CENTER PB 167-035 T-21218 TRACT B LOT SIZE 69.849 AC M/L FAU 30 5905 002 0010 THRU 0250 0270 THRU 0360 & 0380 THRU 0480
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Exterior
Lot Features Item2550Acres
Water Source Other
Lot Size Area 3042624.0
Spa N
Lot Dimensions 1500x1600
Lot Size Acres 32.73
Road Surface Type Other Paved
Lot Size Units SquareFeet
Covered Spaces 0.0
Road Frontage Type PrivateRoad
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
E. L. S. Realty Corp.

Broker

eschmidt@naimiami.com

Email

Affordability Calculator

$499,252
Per Month
91%
9%
0%
Monthly Principal & Interest
$454,044
Monthly Property Taxes
$45,208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2022$65,000,000 Listed Price

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