$ 6,500,000
49 W 49th St Hialeah, FL 33012
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$ 6,500,000
Est. payment | /mo
1.33 Acres Lot
$ 6,500,000
Est. payment | /mo
1.33 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Ulelah Rev Plat
MLS Listing ID A11667849
HOA Y/N No
Annual Tax Amount $17,750
Tax Year 2023
Lot Size 1.330 Acres
Acres 1.33
Lot Dimensions 475x114
Property Description
Located in the heart of Hialeah, this property consists of four contiguous lots totaling 58,046 sqft, offering a prime opportunity for development. With Hialeah's growth and incentives like the Urban Development Boundary (UDB), Neighborhood Business District (NBD) Overlay, and Florida's LiveLocal legislation, the area is ready for transformation. To develop residential units under LiveLocal, a land use conversion to Commercial is needed, enabling construction of up to 70 units per acre. Currently zoned as RO (Residential Office), the property has potential for rezoning to B-1 Highly Restricted Retail, which supports a wide range of office, retail, and service businesses.
Location
State FL
County Miami-dade
Community Ulelah Rev Plat
Area 21
Exterior
Utilities Available Trash Collection, Underground Utilities, Water Available
Waterfront No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 04-21-31-031-1170
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Fausto Commercial Realty Consultants Inc