9232 SW 84 AvenueMiami, FL 33156Price: $6,700,000

MULTIFAMILY DEVELOPMENT OPPORTUNITY! Approximately ±1.75 gross acres being advanced through the County entitlement process for a proposed 79-unit community. The proposed density is based on applicable County land use policies permitting 36 units per gross acre, together with the County's Workforce Housing density incentive program, including approximately 8 workforce housing units. Significant pre-development work has already been completed, including conceptual site planning, architectural floor plans, building elevations, preliminary engineering coordination, pre-application meetings with Miami-Dade County, and a traffic study currently in progress. Existing public water and sewer service all three lots. The proposed development features three-story residential buildings (voluntarily restricted to enhance neighborhood compatibility) with approximately 81 surface parking spaces. Preliminary coordination with County reviewing departments has reportedly produced no initial objections; however, all density, zoning, and development rights remain subject to the County's formal rezoning, Site Plan Review (SPR), public hearings, and final governmental approvals. Seller will consider transferring the existing single-purpose LLC, allowing a purchaser to continue the entitlement process, subject to independent legal and tax review. Comprehensive due diligence package available for qualified purchasers.