Incredible covered land or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
2.5 Private Acres Exterior Space
Commercial
$28,767 Annual Tax
MLS/Listing ID A11787665
SILVER PALM PARK
Lot - County Location
Lot - Corner Lot
Fenced
Listing Courtesy of COLDWELL BANKER REALTY, ROSY CANCELA - 305-342-7442
Source of Data: MIAMI ASSOCIATION OF REALTORS