765 23rd St ,Residential, Seminola City Sec 2 for Sale

765 23rd St for Sale

Price $1,500,000.00

• Lot size 21780
• Year Build
• Waterfront
• Zip 33010
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This property presents an excellent opportunity for leveraging the Live Local Act program, given its prime location just 0.5 miles from the Okeechobee Metro Rail station, which includes an eight-story development. The site is strategically situated adjacent to a public school on the east side and bordered by an industrial site to the north. Potentially zoned for 70 units per acre under Neighborhood Business District (NBD) regulations, the property can accommodate up to 35 units. Currently generating $6,500 per month from two fully rented structures (3/1, 3/2, and 1/1 units), the highest and best use of this property is the land. Benefit from ongoing rental income during the development process.

12 53 40 .5 AC SEMINOLA CITY SEC 2 PB 9-154 E1/2 TRACT 18 LOT SIZE IRREGULAR OR 12385-1663 0185 4

Fenced

This property presents an excellent opportunity for leveraging the Live Local Act program, given its prime location just 0.5 miles from the Okeechobee Metro Rail station, which includes an eight-story development. The site is strategically situated adjacent to a public school on the east side and bordered by an industrial site to the north. Potentially zoned for 70 units per acre under Neighborhood Business District (NBD) regulations, the property can accommodate up to 35 units. Currently generating $6,500 per month from two fully rented structures (3/1, 3/2, and 1/1 units), the highest and best use of this property is the land. Benefit from ongoing rental income during the development process.

City:Hialeah,Zoning:0100,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.8427101,List Price:1500000,Listing Id:A11654093,Longitude:-80.2976446,Mls Status:Active,Current Use:1:Other Usage,Postal Code:33010,Street Name:23rd St,Vegetation:1:Mango,Coordinates:1:25.8427101,Photos Count:3,Building Name:SEMINOLA CITY SEC 2,Listing Terms:1:Conventional,Lot Size Acres:0.5,Lot Size Units:Square Feet,M I A M I R E_ Area:30,M L S Area Major:Seminola City Sec 2,On Market Date:2024-09-05,Parcel Number:04-30-12-010-0140,Property Type:Land/Boat Docks,Street Number:765,Public Remarks:This property presents an excellent opportunity for leveraging the Live Local Act program, given its prime location just 0.5 miles from the Okeechobee Metro Rail station, which includes an eight-story development. The site is strategically situated adjacent to a public school on the east side and bordered by an industrial site to the north. Potentially zoned for 70 units per acre under Neighborhood Business District (NBD) regulations, the property can accommodate up to 35 units. Currently generating $6,500 per month from two fully rented structures (3/1, 3/2, and 1/1 units), the highest and best use of this property is the land. Benefit from ongoing rental income during the development process.,County Or Parish:Miami-Dade County,Direction Faces:South,List Office Name:Trustpoint Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Other Structures:1:Other Bldg Incl,Postal Code Plus4:2141,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:W,Subdivision Name:SEMINOLA CITY SEC 2,Tax Annual Amount:5151,Unparsed Address:765 W 23rd St, Hialeah FL 33010,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Square Feet:21780,Original List Price:1500000,Public Survey Range:30,I D X Participation Y N:1,Syndication Remarks:This property presents an excellent opportunity for leveraging the Live Local Act program, given its prime location just 0.5 miles from the Okeechobee Metro Rail station, which includes an eight-story development. The site is strategically situated adjacent to a public school on the east side and bordered by an industrial site to the north. Potentially zoned for 70 units per acre under Neighborhood Business District (NBD) regulations, the property can accommodate up to 35 units. Currently generating $6,500 per month from two fully rented structures (3/1, 3/2, and 1/1 units), the highest and best use of this property is the land. Benefit from ongoing rental income during the development process.,Listing Contract Date:2024-09-05,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Call Listing Agent,Street Number Numeric:765,Tax Legal Description:12 53 40 .5 AC SEMINOLA CITY SEC 2 PB 9-154 E1/2 TRACT 18 LOT SIZE IRREGULAR OR 12385-1663 0185 4,Public Survey Township:30,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime property 0.5 miles from Okeechobee Metro Rail, zoned for 35 units, currently earning $6,500/month. Ideal for development with rental income.,Contract Status Change Date:2024-09-05,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,