$65,000,000
Address not disclosed Miami, FL 33196
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$65,000,000
Est. payment /mo
32.73 Acres Lot
UPDATED:
09/30/2024 09:24 PM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Kendall Town Center
MLS Listing ID A11266316
HOA Y/N No
Annual Tax Amount $542,496
Tax Year 2022
Lot Size 32.730 Acres
Acres 32.73
Lot Dimensions 1500x1600
Property Description
Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.
Location
State FL
County Miami-dade
Community Kendall Town Center
Area 59
Direction Along SW 88th Street (Kendall) between SW 157th Avenue and SW 162 Ave. Vacant Land across from The Pointe
Exterior
Utilities Available None, Sewer Not Available
Waterfront No
Present Use Other
Street Surface Other,Paved
Building
Lot Description 25-50 Acres
Sewer None
Water Other
Others
Tax ID 30-59-05-029-0020
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Listed by E. L. S. Realty Corp.
Learn More About LPT Realty