SW Miami Land with 1.56 acre
Docs
https://drive.google.com/drive/folders/1KcKXBLVfgzoxUIUQLUBwQzp52UMKSsmT?usp=sharing
11605 SW 220 ST, MIAMI , FL 33170
Residential Land
LOT SIZE 67,953.60 (1.56 Acre)
Asking $2,000,000
ZONING R DE GOULDS AS PER DISTRICT REGULATION
You can build single family, Detached, Courtyard, Sideyard, rowhouse, urban villa, duplex dwellings
There are 3 good scenarios here
1 - As now you by right can build up to 30 townhomes
2 - There is an ordinance that, presenting the right paperwork in the city, allows you to build 50 multifamily units (no rezoning needed)
3 - Changing the zoning you can build 90 multifamily units
The owner of the land spoke with the person in the city who is in charge of approving these type of changes to make sure this is viable and already made an appointment with the city to go over the specifics to change the density
The person in the city gave the OK for changing the density to build 90 units
The city already approved this type of rezoning to other parcels as well in the same area
This increases the density of construction and doubles the value of the land
For rezoning the investment in minimum
Another advantage of this land is does not require to build a lot of parking
This project can be rented in its entirety to section 8 if you choose to do so
There is a 5-year waiting list in Miami for section properties so the moment this construction is completed could be rented to section 8 or just go private
You can zone and entitle the land and flip it
or
In case you want to develop the projects we have the construction company that can build either of the 3 projects presented here
or
You can have your own company to develop them
Documents with tentative projects are provided
Google drive with:
- A pdf document for a proposal to build 2 25 units buildings
- A pdf document for a proposal for a project to build 30 townhomes
- 2 pdf documents with presentations to build Condo apartments
- A pdf with construction costs and profit projections
COMPARABLES
This land was listed for $2,000,000
Residential Land
21220 SW 115 Road GOULDS, FL 33170
size: 2.96 Acres
MLS#: A10580982
Folio: 30-60070000380
This land is listed for $1,000,000
Residential Land
214XX S Dixie Hwy Miami, FL 33189
Size: 0.67 Acres
MLS#: A10932673
Tax ID: 30-60-07-004-0120
This land sold for $1,975,000 in 2019
Residential Land
11850 SW 216th St, Miami, FL 33170
Size: 2.67 Acres
Folio: 30-6913-000-0150
THIS PORTFOLIO SALE IS OFF MARKET MUST STAY OFF MARKET, PLEASE DO NOT LET THIS PORTFOLIO GO VIRAL
DEAR BUYER, THIS IS AN OFF MARKET (NOW) AND THIS IS A PRE-DUE DILIGENCE PACKAGE AND NOT A FORMAL DUE DILIGENCE PACKAGE. ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT AND THE BUYER OPENS UP THE CONTRACTED ESCROW TRUST ACCOUNT WITH THEIR CONTRACTED EARNEST MONEY DEPOSIT, THE SELLER WILL THEN PROVIDE THE BUYER WITH ALL OF THE UPDATED P&Ls, RENT ROLLS, TENANT'S LEASES AND ANY VENDOR CONTRACTS THAT EXIST TO CLOSE THIS TRANSACTION.
TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO. THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. PLEASE NO TRANSACTIONAL FUNDING.
https://drive.google.com/drive/folders/1KcKXBLVfgzoxUIUQLUBwQzp52UMKSsmT?usp=sharing
11605 SW 220 ST, MIAMI , FL 33170
Residential Land
LOT SIZE 67,953.60 (1.56 Acre)
Asking $2,000,000
ZONING R DE GOULDS AS PER DISTRICT REGULATION
You can build single family, Detached, Courtyard, Sideyard, rowhouse, urban villa, duplex dwellings
There are 3 good scenarios here
1 - As now you by right can build up to 30 townhomes
2 - There is an ordinance that, presenting the right paperwork in the city, allows you to build 50 multifamily units (no rezoning needed)
3 - Changing the zoning you can build 90 multifamily units
The owner of the land spoke with the person in the city who is in charge of approving these type of changes to make sure this is viable and already made an appointment with the city to go over the specifics to change the density
The person in the city gave the OK for changing the density to build 90 units
The city already approved this type of rezoning to other parcels as well in the same area
This increases the density of construction and doubles the value of the land
For rezoning the investment in minimum
Another advantage of this land is does not require to build a lot of parking
This project can be rented in its entirety to section 8 if you choose to do so
There is a 5-year waiting list in Miami for section properties so the moment this construction is completed could be rented to section 8 or just go private
You can zone and entitle the land and flip it
or
In case you want to develop the projects we have the construction company that can build either of the 3 projects presented here
or
You can have your own company to develop them
Documents with tentative projects are provided
Google drive with:
- A pdf document for a proposal to build 2 25 units buildings
- A pdf document for a proposal for a project to build 30 townhomes
- 2 pdf documents with presentations to build Condo apartments
- A pdf with construction costs and profit projections
COMPARABLES
This land was listed for $2,000,000
Residential Land
21220 SW 115 Road GOULDS, FL 33170
size: 2.96 Acres
MLS#: A10580982
Folio: 30-60070000380
This land is listed for $1,000,000
Residential Land
214XX S Dixie Hwy Miami, FL 33189
Size: 0.67 Acres
MLS#: A10932673
Tax ID: 30-60-07-004-0120
This land sold for $1,975,000 in 2019
Residential Land
11850 SW 216th St, Miami, FL 33170
Size: 2.67 Acres
Folio: 30-6913-000-0150
THIS PORTFOLIO SALE IS OFF MARKET MUST STAY OFF MARKET, PLEASE DO NOT LET THIS PORTFOLIO GO VIRAL
DEAR BUYER, THIS IS AN OFF MARKET (NOW) AND THIS IS A PRE-DUE DILIGENCE PACKAGE AND NOT A FORMAL DUE DILIGENCE PACKAGE. ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT AND THE BUYER OPENS UP THE CONTRACTED ESCROW TRUST ACCOUNT WITH THEIR CONTRACTED EARNEST MONEY DEPOSIT, THE SELLER WILL THEN PROVIDE THE BUYER WITH ALL OF THE UPDATED P&Ls, RENT ROLLS, TENANT'S LEASES AND ANY VENDOR CONTRACTS THAT EXIST TO CLOSE THIS TRANSACTION.
TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO. THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. PLEASE NO TRANSACTIONAL FUNDING.