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Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $738
Subdivision Morningside Acres
MLS Listing ID A11667815
Sold Date 12/18/24
Style Detached,One Story
Bedrooms 2
Full Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $854
Tax Year 2023
Contingent No Contingencies
Lot Size 0.276 Acres
Property Description
Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay's highly desirable "Opportunity Zone." Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area's growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects.
With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary's dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don't miss this must-see opportunity!
Location
State FL
County Miami-dade
Community Morningside Acres
Area 50
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Exterior Feature Fence
Pool None
Utilities Available Cable Available
View Y/N No
View None
Roof Type Shingle
Garage No
Building
Lot Description < 1/4 Acre
Faces Northwest
Story 1
Sewer Septic Tank
Water Public
Architectural Style Detached, One Story
Structure Type Block
Construction Status Resale
Others
Pets Allowed Size Limit, Yes
Senior Community No
Tax ID 33-50-32-007-0380
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Pets Allowed Size Limit, Yes
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Bought with London Foster Realty