8
1477 NW 79th St
$1,779,000 Sale
Listed 1 day
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Key Facts
Key facts for 1477 NW 79th St
Property Type
Other, Unspecified
Parking
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MLS #
A11871142
Size
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Basement
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Listed on
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Lot size
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Tax
$9,441 /yr
Days on Market
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Year Built
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Maintenance Fee
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Description
SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. Seller financing possible. Can expand the project + 6 floors and up to 185 units total by right (or make the build smaller without resubmitting site plan) Unit count scenarios provided in the attachments. Nearby developments: Le...nnar 79th St Project both Swerdlow group projects (37 acre West Little River project, and mixed-use brightline Little River District) HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentives. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county abutting the property. Construction estimate available.
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Listing courtesy of: Zilla Real Estate, Inc