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18320 SW 97th Ave, Palmetto Bay, FL 33157
$2,700,000
18320 SW 97th Ave, Palmetto Bay, FL 33157View this property at 18320 SW 97th Ave, Palmetto Bay, FL 33157
18320 SW 97th AvePalmetto BayFL33157
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Property Description
One Acre with option to add another quarter acre! Call for details! Located within federal Qualified Opportunity Zone that is the PREMIUM Location within the new Downtown Palmetto Bay redevelopment area. The D.U.V. or Downtown Urban Village redevelopment area is the Village of Palmetto Bay's new zoning overlay that is bringing vigorous growth and development. This property is located in the Eureka Sector. Further possible enhancements are Workforce Housing Initiative benefits under Florida Housing Finance Corporation's Live Local Act. 1031 Tax exchange candidate.
Full Property Details
Full Property Details for 18320 SW 97th Ave
General
- Price: $2,700,000
- Taxes: $9,359 (2023)
- Status: Active
- Type: Commercial Land
- MLS ID: A11540544
- Updated: 4/17/2024
- Added to Site: 62 day(s) ago
Location
- Area: Morningside Acres
- County: Miami-Dade County
- Subdivision: MORNINGSIDE ACRES
- Building Name: MORNINGSIDE ACRES
Community
- Community Name: Morningside Acres
Utilities
- Sewer: Public Sanitation, Storm Sewers
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Irrigation Water, Phone Available, Sewer Available, Trash
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
- Other Struct. Feat.: Automobile Traffic, Clearing Required, Heavy Traffic, Pedestrian Traffic, Sidewalk, Street Lights
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Dimensions: 760 x 300
- Frontage Feet: 760
- Street/Road Desc.: Paved
- Lot Features: Central Business District, City Location, Corner Location, Corner Lot, Rock Land, 1-2.5 Acres
- Potential Use: Central Urban, Professional, Urban Commercial
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $9,359
- Tax Year: 2023
- Terms: All Cash, Conventional, Exchange, Joint Venture
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Aerial Photo, Appraisal, Building Permit, Engineering Studies, Environmental Audit, Other Documents Available, Soil Test
- Legal Description: MORNINGSIDE ACRES PB 46-7 E22FT OF N41.7FT LOT 5 & ALL LOT 7 & E22FT OF S41.7FT LOT 9 BLK 6 LOT SIZE 83.400 X 122 OR 18048-3905 0398 1 F/A/U
- Property ID: 33-50-32-007-0630
Listed by Lifestyle Realty, Inc.
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Schools
Schools serving 18320 SW 97th Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
8851 Sw 168th St, Palmetto Bay, FL 33157 | PK-5 | 1.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 6.6 mi | |
16301 Sw 80th Ave, Palmetto Bay, FL 33157 | 6-8 | 2.2 mi | |
11700 Sw 216th St, Miami, FL 33170 | 6-12 | 3.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 2.6 mi | |
7431 Sw 120th St, Pinecrest, FL 33156 | 9-12 | 4.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18320 SW 97th Ave
Date
Details
Price
Change
Source
4/13/2024
Price Reduced
$2,700,000
-12.9%
MLS
3/19/2024
Price Reduced
$3,100,000
-8.82%
MLS
2/27/2024
Listed
$3,400,000
240%
MLS
2/28/2019
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18320 SW 97th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,359
40%
$644,605
87%
2021
$6,703
-9%
$344,032
-16%
2022
$7,337
9%
$410,580
19%
2021
$6,703
15%
$344,126
30%
2019
$5,804
15%
$265,427
10%
2018
$5,046
—
$241,298
-23%
2017
$5,058
15%
$314,372
52%
2016
$4,397
-6%
$206,760
-8%
2015
$4,654
-1%
$224,501
1%
2014
$4,718
—
$223,202
-1%
2013
$4,731
—
$224,355
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18320 SW 97th Ave
18320 SW 97th Ave, Palmetto Bay, FL 33157 (MLS# A11540544) is a Commercial Land property with a lot size of 1 acre. 18320 SW 97th Ave is currently listed for $2,700,000 and was received on February 27, 2024. Want to learn more about 18320 SW 97th Ave? Do you have questions about finding other Commercial Land real estate for sale in Palmetto Bay? You can browse all Palmetto Bay real estate or contact a Coldwell Banker agent to request more information.