321 SW 6th Street Active Save Request In-Person Tour Request Virtual Tour
Homestead,FL 33030
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Tatums Colored Town Addn
MLS Listing ID A11660207
HOA Y/N No
Annual Tax Amount $971
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Other
Property Description
Huge opportunity to own real estate in South Florida's fastest-growing area. We have 2 commercial mixed use lots in Homestead, totaling an expansive 8,000 sq. ft. Located in an Opportunity Zone, offering significant tax benefits for real estate developers. Benefits can include temporary deferral of capital gains taxes, a step-up in basis, & even permanent exclusion of taxable income on new gains for investments held for at least 10 years. The lots may qualify for an INCREASE IN DENSITY under LIVE LOCAL ACT(law designed to increase the supply of affordable housing by providing developers with tax incentives).Lastly, the lots are in a TOD. Transit-Oriented Development is a type of community design that focuses on creating walkable, mixed-use neighborhoods centered around public transit hubs.
Location
State FL
County Miami-dade
Community Tatums Colored Town Addn
Area 78
Direction Take Krome Ave South to Lucy Street ( SW 328 Street) go west(right) to SW 3rd Ave turn North (right) Property is located between SW6th Court & SW 6th Street on 4th AVENUE.
Exterior
Utilities Available Electricity Available,Other,Sewer Available,Trash Collection,Water Available
Street Surface Paved
Private Pool Yes
Building
Faces North
Sewer Other
Water Public
Others
Tax ID 10-78-13-052-0020
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11660207