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Morningside Acres

$2,600,000

18161 SW 98th Ct, Miami, FL 33157

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Last Updated: 08/25/2025
 
 
Highlights:
  • Lot Features: Commerce Park, Corner Lot, Near Business Park, Less Than 1 Acre
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.

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