Morningside Acres
18320 SW 97th Ave, Palmetto Bay, FL
For Sale
Multifamily
$2,700,000
Price
Overview
Description
One Acre with option to add another quarter acre! Call for details! Located within federal Qualified Opportunity Zone that is the PREMIUM Location within the new Downtown Palmetto Bay redevelopment area. The D.U.V. or Downtown Urban Village redevelopment area is the Village of Palmetto Bay's new zoning overlay that is bringing vigorous growth and development. This property is located in the Eureka Sector. Further possible enhancements are Workforce Housing Initiative benefits under Florida Housing Finance Corporation's Live Local Act. 1031 Tax exchange candidate.
Highlights
- Lot Features: Central Business District, City Location, Corner Location, Corner Lot, Rock Land, 1-2.5 Acres
- Building Features: Automobile Traffic, Clearing Required, Heavy Traffic, Pedestrian Traffic, Sidewalk, Street Lights
- Documents Available: Aerial Photo, Appraisal, Building Permit, Engineering Studies, Environmental Audit, Other Documents Available, Soil Test
- Buyer Agency Compensation: 2.0%
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Listing ID: A11540544
Listing ID: A11540544