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$ 549,000
Est. payment | /mo
5,227 Sqft Lot
$ 549,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Grapeland
MLS Listing ID A11964970
HOA Y/N No
Annual Tax Amount $6,554
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 120x50
Property Description
Prime high-traffic corner lot featuring an operating supermarket with 8 dedicated parking spaces - Located at the high-visibility intersection of SW 22nd Avenue and SW 16th Street. Rare opportunity to acquire an income-producing property in a predominantly residential neighborhood. Excellent visibility, strong street presence, and consistent foot traffic. Year-over-year growth in the area is currently at 13%, making this a compelling investment opportunity with upside potential. Lot size 5004 SQFT - building size 1626 SQFT.
The current lease runs through December 2032.
The property has successfully passed its 40-year recertification, offering added peace of mind and reduced near-term capital concerns.
Favorable General Urban (T4) zoning allows for a versatile mix of residential and neighborhood commercial uses, with up to 3 stories permitted, offering flexibility and strong potential for future development or redevelopment in a growing, high-demand area.
The current lease runs through December 2032.
The property has successfully passed its 40-year recertification, offering added peace of mind and reduced near-term capital concerns.
Favorable General Urban (T4) zoning allows for a versatile mix of residential and neighborhood commercial uses, with up to 3 stories permitted, offering flexibility and strong potential for future development or redevelopment in a growing, high-demand area.
Location
State FL
County Miami-dade
Community Grapeland
Area 41
Zoning 3901
Exterior
Utilities Available Electricity Available
Present Use Other
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-10-002-1030
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11964970

Listed by RE/MAX Advance Realty II
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