0 140Th AveNaranja, FL 33032

Property Details for 0 140Th Ave

Lot size

3.38 AC

Property type

Land

Property subtype

Multifamily properties

Description

Exceptional development opportunity in Naranja, Florida, presents a 3.38-acre parcel zoned for residential use. This ASPR-approved site is primed for the construction of 66 residential units, with building permits currently in progress (June 2023). Conveniently located at SW 140th Avenue & SW 272nd Street in Miami-Dade County, this property offers a streamlined development process with the option to include an ANF construction contract in the sale. Situated a mere 35 minutes south of Miami's vibrant downtown area, this location benefits from proximity to the city while maintaining a desirable suburban setting. The asking price for this exceptional investment opportunity is $3,000,000. Note that this property is part of a larger portfolio offering a total of 267 units across multiple sites. This presents a unique chance to capitalize on the burgeoning Naranja market and secure a significant return on investment. The property's strategic location and the potential for substantial development make this a truly compelling proposition for discerning investors. Detailed information and supporting documentation are available upon request.

Location Insight

City

Naranja

County

Miami-Dade

State

Florida

Latitude

25.5364

Longitude

-80.4189

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