Address
Not Disclosed, Miami, FL
Price
$ 65,000,000
Property Attributes
  • MLS#A11266316
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area59
  • NeighborhoodKENDALL TOWN CENTER
  • Zip33196
  • StyleCommercial
  • Taxes$ 542496
  • Price$ 65,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size32.73 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
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.

Price History
8/31/2022 Listed $65,000,000

General Features

Sewer None
Utilities None,SewerNotAvailable
Possession Other
Property SubType Commercial
Tax Year 2022
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name KENDALL TOWN CENTER
Garage Y/N No
Status Active
Directions Along SW 88th Street (Kendall) between SW 157th Avenue and SW 162 Ave. Vacant Land across from The Pointe
City Miami
Buyer Agent Compensation 1.0%
View Y/N No
Senior Community Y/N No
Zoning Description 6400
MLS Area 59
Lot Size Square Feet 3042624.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name SW 88th ST & SW 158th Ave
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 542496.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11266316
Days on Market 100
Standard Status Active
Property Sub Type Additional Commercial
MobileHomeRemainsYN No
PostalCity Miami
Legal Description KENDALL TOWN CENTER PB 167-035 T-21218 TRACT B LOT SIZE 69.849 AC M/L FAU 30 5905 002 0010 THRU 0250 0270 THRU 0360 & 0380 THRU 0480

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item2550Acres
Water Source Other
Lot Size Area 3042624.0
Spa No
Lot Dimensions 1500x1600
Lot Size Acres 32.73
Road Surface Type Other,Paved
Lot Size Units SquareFeet
Covered Spaces 0.0
Road Frontage Type PrivateRoad
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33196

Price
AVG $4.79M
$65M
Taxes
AVG $30,383
$542,496
Visits
AVG 211
1329
Data Provided by Inside Real Estate®

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