Kendall, FL 33193,162 COURT SW 70 ST
Kendall, FL 33193,162 COURT SW 70 ST
Kendall, FL 33193,162 COURT SW 70 ST
10
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$2,999,999
Est. payment /mo
6.76 Acres Lot
New

162 COURT SW 70 ST Kendall, FL 33193

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Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Sunset Lakes Estates 1St

MLS Listing ID A11839284

HOA Y/N No

Annual Tax Amount $55

Tax Year 2024

Lot Size 6.760 Acres

Acres 6.76

Lot Dimensions 87000x130500

Property Sub-Type Other

Property Description

Formerly a community lake and green area, this exceptional 6-acre property in Kendall includes a valuable DERM LOI outlining required steps for partial lake fill-in. Comparable residential land in this prime area is valued at over $6M, but this unique parcel is attractively priced to reflect the necessary initial investment and sweat equity. Preliminary engineering strongly supports development into a rental community featuring a boutique clubhouse, community pool, and scenic lakeside walking trail, delivering dual income streams: rental revenue and HOA amenity fees income projections range from $480K–$1.44M annually. Buyer will receive RSP Engineers' preliminary conceptual site plan ready for County approval. Seize this rare equity-building opportunity.

Location

State FL

County Miami-dade

Community Sunset Lakes Estates 1St

Area 49

Direction On SW 162 AVE and 71 ST, turn into the entrance of \"SUNSET LAKES ESTATES\"

Exterior

Utilities Available Other, Water Available

Waterfront Description Lake Front,Lake Privileges

View Lake

Present Use Other

Street Surface Other

Private Pool Yes

Building

Lot Description 5-10 Acres

Sewer Public Sewer, Other

Water Public, Other

Others

Tax ID 30-49-29-012-0830

Acceptable Financing Cash, 1031 Exchange, Investor Financing, Lease Purchase

Listing Terms Cash, 1031 Exchange, Investor Financing, Lease Purchase

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11839284


Listed by Avanti Way Realty LLC
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162 COURT SW 70 ST