567 150Th StMiami, FL 33161

  • Land
  • 2,202 SF
For Sale
$500,770 View listing

Property Details for 567 150Th St

Year built
1959
Construction
CONCRETE
Lot size
0.30 AC
Property size (Sq ft)
2,202 SF
Zone code
3100:MULTI-FAMILY,4 UNITS
Property type
Land
Property subtype
Commercial land
APN
30-2219-000-0311
APU
3022190000311

Description

This exceptional 13,200 square foot (0.30-acre) vacant commercial land parcel presents a remarkable investment opportunity in Miami, Florida. Located at 567 NE 150th St, Miami, FL 33161, this property is priced at $500,770. The current zoning designation is multifamily, permitting the construction of up to four units. Ambitious developers may explore the possibility of a zoning variance to maximize development potential. Prospective buyers are encouraged to consult with architects and general contractors to fully assess the buildable area and confirm construction feasibility. The property's primary land use is commercial, and its prime location offers significant advantages. This is a highly sought-after area, making this a rare opportunity to acquire a substantial land parcel in a thriving Miami market. Given the high demand, interested parties are urged to act swiftly. This land is zoned for multifamily use (4 units) and is ready for development. Don't miss this chance to secure a valuable asset in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,635,220
    Hospitality
    $1,497,853
    Educational
    $1,246,196
    Medical
    $1,289,054
    Retail
    $1,938,527
567 150Th St, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.9132
Longitude
-80.1883
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,426
$184,800
-
$184,800
-
$184,800
-
$184,800

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