18330 SW 97th Ave - Commercial LAND FOR SALE


Palmetto Bay, FL 33157 41,251 SF
$2,681,445 USD
954-336-9287
18330 SW 97th Ave, Palmetto Bay, FL for Sale
$2,681,445 USD
Commercial LAND - FOR SALE
1/1
41,251 SF

18330 SW 97th Ave
Palmetto Bay, FL 33157


OVERVIEW

Blanca Commercial Real Estate, Inc. is pleased to be appointed as the exclusive agent for the sale of the Palmetto Bay Development Site. Situated on the hard corner of Eureka Drive and SW 97th Avenue, this +/- 41,253 SF site offers an ideal development opportunity in the heart of Palmetto Bay Strategically located within the Eureka Sector of the Downtown Palmetto Bay District, the site’s flexible zoning permits a myriad of potential applications to a developer. Despite being a perfect candidate for a multifamily project, the site was originally slated as a state-of-the-art medical office complex given its proximity to multiple medical facilities. Its position within a vibrant, growing community known for excellent schools, abundant retail, and key employment centers further amplifies its appeal. This makes the site an outstanding opportunity for those looking to capitalize on the advantageous location and dynamic potential of Palmetto Bay. Alongside the wide variety of potential uses available on the site and the remarkable submarket that surrounds it, the advantages of the Palmetto Bay Development Opportunity continue. Eureka Drive, Franjo Road, and SW 183rd Street all reach the subject property, boosting the accessibility and convenience for any project. Lastly, the site lies within a Qualified Opportunity Zone, offering substantial tax incentives that enhance the feasibility and profitability of future developments.

FOR SALE DETAILS

PRICE

$2,681,445 USD

PRICE/ACRE

$2,831,400/AC

PRICE/SF

$65 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.95 AC

LAND SF

41,253 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

33-5032-007-0620,33-5032-007-0630,33-5032-007-0650,33-5032-007-0660

ASK ABOUT THIS PROPERTY

Cary CohenBlanca Commercial Real Estate, Inc.More Info
954-336-9287

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Cary CohenBlanca Commercial Real Estate, Inc.More Info
954-336-9287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.